e-Day: Important Notice for Chambers and Businesses
e-Day, set for September 19th 2014, is the date from which Government Departments and offices, local authorities and State agencies will no longer issue or accept cheques in their dealings with businesses. e-Day was launched in September last year, to give businesses and public sector bodies 12 months to prepare for the smooth transition to electronic payments.
This key recommendation of the National Payments Plan for Ireland is being implemented as part of an effort to reduce cheque usage generally in an effort to reduce cost and improve cash-flow for Irish businesses. With cheque volumes dropping steadily, businesses, particularly small businesses, are being encouraged to make and receive their payments electronically.
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