And the level of cheque usage has now fallen to such low levels that there is an active discussion about the future of the system. Cheques have always been a costly payment instrument – estimates  from our latest cost study in 2014 suggested that cheques were around six times more costly than card payments in terms of resource costs per transaction.
By the same token, the Greek government will decide to lift capital controls when it is convinced that confidence has returned. As you know, there has been a lot of heated debate in Greece because, at some point, the government accused the ECB of imposing the capital controls as some sort of punishment for the policies it was implementing.