The shame-faced chap in the Cardiff pub, told me he'd often thought of that fateful day when he unwittingly handed me dud Eurocheques
. Let's just hope he can now catch up on some of his two decades' lost sleep.
Europay operates the Eurocard-MasterCard, Maestro, Cirrus and eurocheque
payment systems, all offering the euro option from January 1.
BEUC observed that there has been a sharp decline in the use of Eurocheques
and traditional paper cheques in general over recent years, while electronic transactions have grown steadily.
An ideal mix is to have a little cash for immediate expenses, and travellers' cheques or eurocheques
and debit or credit cards for larger purchases.
They cash Eurocheques
stolen in Germany, Switzerland and Belgium - presenting fake passports, driving licences or credit cards as identification.
For a two-week holiday I take two credit cards, about pounds 500 in cash - and I'm a great fan of Eurocheques
are accepted in over 40 countries, but not in many French banks and retail outlets.
If you're going to Europe, an alternative to travellers cheques is Eurocheques
. But wherever you go, credit and debit cards are as good as cash for settling bills in shops, restaurants and hotels.