If I pay someone by cheque, would the date on my bank statement indicate the date it was paid in, or the date it was cleared?
2007-01-12 10:54:23 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
The date it was cleared
2007-01-12 10:57:43 · answer #1 · answered by Anonymous · 1⤊ 0⤋
It is usually the date on which the money is debited from your account; this is, however, not necessarily the date the cheque clears - the payee may have to wait a day or so more after the money is taken from your account to have access to the funds.
2007-01-12 11:24:56 · answer #2 · answered by eurotraveller 3 · 1⤊ 0⤋
The date it cleared.
2007-01-12 11:07:30 · answer #3 · answered by therockape3 1 · 0⤊ 0⤋
The date it was cleared, but then again the banks are a law to themselves, so the most likely true answer is when they feel like it.
2007-01-12 10:59:37 · answer #4 · answered by footynutguy 4 · 0⤊ 0⤋