There have been very early pieces of evidence of the use of cheques, for example in India during the Mauryan period (from 321 to 185 BC), a commercial instrument called adesha was used, which was an order on a banker desiring him to pay the money of the note to a third person. However, the first known handwritten cheque in Britain was signed in 1659 for the sum of £400 signed by Nicholas Vanacker, and made payable to a Mr Delboe and drawn on Messrs Morris and Clayton, scriveners and bankers of the City of London. The origin of ‘cheque’ may have derived from the word ‘check’ when during the 1700’s serial numbers were written on pieces of paper to keep track or keep check of them. The use of cheques really peaked during the 1990’s but dropped significantly since the development of electronic payment systems. Today two-thirds of under 25s have never written a cheque.