Cheques Transition Updates

May 2025

AusPayNet has been actively working on establishing the industry Cheques Transition Program since Treasury's announcement in November 2024. 48 of the 50 APCS framework members have been confirmed as participants of the program - which is instrumental in ensuring a coordinated, smooth and efficient transition away from cheques.

AusPayNet has now established (and operationalised) the key program governance structures including forming of the Steering Committe and the supporting two working groups. The membership of the working groups reflects the majority of the paper market share.

Overall, the AusPayNet program, working with the APCS member participants, has initiated activities to achieve the following key objectives:

• Developing and managing industry roadmap and participant exits
   
• Developing and managing the transition approach and plan for cheques use cases (incl. bank cheques), and a detailed Migration dashboard
   
• Developing, managing and executing on industry-level communication strategy, approach, operating model and execution plans
   
• Facilitating a coordinated transition including definition of exit criteria.

In the following weeks, the Program will provide further details/update on key topics and will aim to share migration progress once industry dashboards have been established.

For any queries or feedback, please reach out to our Head of Transition Programs.