THIS WEEK IN HISTORY: Britain’s first Cheque is issued
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On 16th February 1659, the first known British cheque was written.
Cheques have been around for a long time, the Ancient Romans had them, but it wasn't until the 17th century that the cheque as we know it today crossed the Channel and arrived in England.
The earliest modern British cheque was made payable to Mr Delboe for the grand sum of £400 (roughly £76,000 in today's money) and was dated "16th of February 1659" by merchant Nicholas Vanacker, to be drawn on City bankers Messrs Morris and Clayton.
The cheque, now 363 years old, is on display at Westminster Abbey, London.
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