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have bank of ireland cheque, but am ulster bank customer, will they cash cheque or how many days will it take to clear??

2006-12-17 10:38:36 · 17 answers · asked by smallpot 1 in Business & Finance Other - Business & Finance

17 answers

It depends where you bank. Most banks take 5 working days. Some accounts take 6 working days and others take only 3.
You'd think in this day and age, what with computers and everything that it could be fixed so that you could have your money in about 3 seconds.
Some banks will let you have the money but if the cheque bounces then it's your loss. Mostly, these days they're not interested in doing anything to help you til the cheque has cleared. The moral of this story is, always get cash.

2006-12-17 10:53:20 · answer #1 · answered by Missing Link 3 · 0 0

All the banks have been increasing their clearance times for cheques (despite it being easier and quicker for them to do), it used to be three working days but now I would say at least 4 and more probably 5. They take the money and invest it on the spot markets.

2006-12-17 12:06:51 · answer #2 · answered by LongJohns 7 · 0 0

usually 3 working days for a cheque to clear

2006-12-17 20:42:32 · answer #3 · answered by thunderchild67 4 · 0 0

Usually 3-4 working days.

2006-12-17 10:40:30 · answer #4 · answered by Mags 3 · 1 0

3 to 5 working days.

2006-12-17 10:40:04 · answer #5 · answered by Isis 7 · 0 0

3 working days to hit your account, but that doesnt mean the money is confirmed as yours; only that you can access it.

A cheque is not fully cleared for 10 days, and if cancelled by the issuer within the first 3, can still be withdrawn from your account right up until the tenth day (which sucks)!!


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2006-12-17 10:50:46 · answer #6 · answered by John S 2 · 0 0

4 working days

2006-12-17 22:22:57 · answer #7 · answered by dream theatre 7 · 0 0

4ish. Some banks will let you draw cash on the cheque straight away but if it bounces you owe them. Obviously

2006-12-17 10:41:47 · answer #8 · answered by Anonymous · 0 0

3 days.

2006-12-17 10:39:41 · answer #9 · answered by shonkamur 3 · 0 0

Between 3 to 5 days or you can ay something like £12.00 and they will express clear it - next day xxx

2006-12-17 10:46:41 · answer #10 · answered by Anonymous · 0 0

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