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Old 24 September 2004, 10:42 PM
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Stueyb
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Default A question re: cheques

Ok, Just sold something. They paid part cash part cheque (long story) Now the cheque is a counter Cheque. How long does it take to clear ?
Old 24 September 2004, 10:46 PM
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dba
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5 to 7 working days depending on bank
Old 24 September 2004, 11:15 PM
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Stueyb
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If I present this cheque to a branch of the bank in question will they give me the cash over the counter?
Old 24 September 2004, 11:19 PM
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mart360
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Originally Posted by Stueyb
If I present this cheque to a branch of the bank in question will they give me the cash over the counter?

if crossed.. probably not.


you would probably need a letter of authorisation from the issuer, but in reality

they will want the cheque to clear before issuing funds


Mart
Old 24 September 2004, 11:22 PM
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Turbohot
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Originally Posted by Stueyb
If I present this cheque to a branch of the bank in question will they give me the cash over the counter?
That what i think.
Old 25 September 2004, 01:08 PM
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Abdabz
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Pay it in This avo / Monday morning and its cleared on the Friday. You can pay something over a tenner to be allowed access to the funds the next day. "Express clearance" or something.
Its been 6 years since I worked for Shatwest so the terms are a bit rusty!
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