Secure payment and security printing company Checkprint has announced a five-year contract extension with Nationwide to provide them with cheques and credit books.
These cheques can be issued to customers whose accounts do not have a chequebook facility, such as savings accounts.
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Checkprint stated that, in 2013, it delivered about 2.3m cheques, the equivalent of 78,283 chequebooks to Nationwide’s branches across the UK.
Martin Ruda, managing director at Checkprint, said: "We have developed a strong working partnership with Nationwide which spans more than 17 years and we are delighted to further extend this relationship with one of the UK’s most recognisable brands."
As part of the agreement, the building society will continue to use Checkprint’s Customer Auto Replenishment Service (CARS), which automatically manages stock levels to ensure branches do not run out of cheques.
On its side, Checkprint will create and dispatch Nationwide telephone banking cards to registered customers.
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By GlobalData"Checkprint has provided us with a number of valuable services during the last 17 years, which has helped us to maintain our position as the market leader.
"Therefore, it was a logical choice to extend our partnership for another five years," concluded Paul Horlock, head of Payments and Service Strategy Payments at Nationwide.
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