Happy_2008
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Registered: 13th Mar 01
Location: Kent
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Am i right to say that cheques takes 3 working days to clear??? I am looking forward to buying a car within the next week but i can get the fund ready until i have had the cheques cleared. Is there any other way in which i can speed up the process of this cheque clearance?
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Darren
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Registered: 21st Apr 02
Location: Hadleigh, Suffolk
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if its at the same branch it will clear there and then i think, i think they take 5 working days
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Drysdale
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Registered: 20th May 04
Location: Milton Keynes
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Depends on the type of account. Ussually 5 sometimes 6 working days.
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CwmbranCorsaGirl
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Registered: 11th Jan 04
Location: Cwmbran
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It takes 4 Working days from the day you put it into your account..... I work for Lloyds TSB
[Edited on 26-07-2004 by CwmbranCorsaGirl]
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TNM
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Registered: 5th Apr 04
Location: Nottingham Drives: VW Tiguan
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quote:
Originally posted by CwmbranCorsaGirl
It takes 4 Working days from the day you put it into your account..... I work for Lloyds TSB
[Edited on 26-07-2004 by CwmbranCorsaGirl]
you might work for them but you dont know the difference between bank and building society!
if i put a cheque into the abbey national it takes fucking days normally 7-10 days to clear!
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CwmbranCorsaGirl
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Registered: 11th Jan 04
Location: Cwmbran
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I Work for a bank.... not Building society.... if you put money into a building society its normally for savings.... not buying a new car so i was commenting on how long it takes for a cheque to clear in a normal BANK account and theres no way of gettin it to clear quicker as it has to go through the clearance cycle.... i hate cheques the banks way of making interest on other peoples money....
[Edited on 26-07-2004 by CwmbranCorsaGirl]
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kz
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Registered: 9th Aug 02
Location: Southend, Essex Drives: Mini Cooper S
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3-4 days for HSBC!
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Bling Bling Pimp
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Registered: 17th Nov 03
Location: Bolton Town Drives: A Car
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i put my cheque in 2day 
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mav
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Registered: 19th Jun 01
Location: Scotland
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Chq's take 3 working days to clear in the Halifax...
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Voyto
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Registered: 9th Feb 03
Location: Stafford
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7 - 10 Days sounds right to me. At work when we refund money to customers, it goes via bank transfer not cheque but always takes 7-10days to appear on statements
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Drew
Banned
Registered: 24th Nov 01
Location: County Durham
User status: Offline
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quote:
Originally posted by CwmbranCorsaGirl
It takes 4 Working days from the day you put it into your account..... I work for Lloyds TSB
what she said is also correct for natwest 
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ParaMite
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Registered: 8th Nov 03
Location: Cheltenhamshire Drives: Corsa B 1.4 LS
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quote:
Originally posted by CwmbranCorsaGirl
I Work for a bank.... not Building society.... if you put money into a building society its normally for savings.... not buying a new car so i was commenting on how long it takes for a cheque to clear in a normal BANK account and theres no way of gettin it to clear quicker as it has to go through the clearance cycle.... i hate cheques the banks way of making interest on other peoples money....
[Edited on 26-07-2004 by CwmbranCorsaGirl]
Not supprised you haven't heard of 'special presentation' then. No-one at Lloyds seem to even when they have a whole separate department for it.
Go to your bank, ask for your cheque to be specialed and for a fee it will be sent to the drawing bank thus missing out the clearing system and being reliant on the post, will clear the next day. Well, assuming they offer the service. They should do.
quote:
Originally posted by mav
Chq's take 3 working days to clear in the Halifax...
Yeah, Halifax seem to say that a lot. They still haven't cleared until the 4th working day because everyone uses the same clearing system that has been in place for years. I guess they just dont charge any debit interest for drawing agasint un-cleared on the last day?
Folks, all banks are the same. Just do a google for 'clearing cylce' and read about it. It will only usually take longer if you use a drop box or pay in via atm's where they won't get emptied till after branches shut or next morning.
Oh yeah, a chq drawn on the same branch will clear there and then. OnUs work and all that jazz
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Al3X
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Registered: 31st Oct 03
Location: Bournemouth
User status: Offline
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quote:
Not supprised you haven't heard of 'special presentation' then. No-one at Lloyds seem to even when they have a whole separate department for it.
Go to your bank, ask for your cheque to be specialed and for a fee it will be sent to the drawing bank thus missing out the clearing system and being reliant on the post, will clear the next day. Well, assuming they offer the service. They should do.
No it doesnt, special clearance just tells you if the cheque is going to be paid or not, it doesn't actually clear any quicker. I work for HSBC
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ParaMite
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Registered: 8th Nov 03
Location: Cheltenhamshire Drives: Corsa B 1.4 LS
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Well, no, it won't 'clear' but you still can draw off it.
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mav
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Registered: 19th Jun 01
Location: Scotland
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7-10 days is way out of order..
3 days..everybody join halifax/BOS.................
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Je11ybubb1es
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Registered: 11th Jun 02
Location: Milton Keynes
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quote:
Originally posted by CwmbranCorsaGirl
It takes 4 Working days from the day you put it into your account..... I work for Lloyds TSB
[Edited on 26-07-2004 by CwmbranCorsaGirl]
if you work for lloyds tsb you should know that all the personal cheques from our branches are on real time so as long as the funds are in the account and its a personal account it clears straight away
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mav
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Registered: 19th Jun 01
Location: Scotland
User status: Offline
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 busted...
halifax is 3 days not including day u put it in..
used to be 5 days for english chq's up here buty that has changed now to 3 as well........
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Je11ybubb1es
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Registered: 11th Jun 02
Location: Milton Keynes
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any other cheques from other banks/building societies are 4 full working days, business cheques drawn on the same branch they are paid in at clear overnight. even bankers drafts cannot be cashed any quicker cos there is always the possibility they can be stopped reported stolen.
lloyds tsb have a special clearance system but this does not allow you to access funds any quicker all it does is gets an answer on whether the cheque will be paid or not (for instance if you selling a car but you think the cheque the buyers given you may bounce, you can send it special pay a tenner and find out if you will get the money at the end of the clearance.
the only other option really if you're over 18 is to see if abbey will load a temporary overdraft for the amount you want to draw out.
if under 18 bad luck mate wait til cleared is only option. or be nice to your parents, find that one works sometimes
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Happy_2008
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Registered: 13th Mar 01
Location: Kent
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That means i cant get my new car till 2 weeks time  Brothers gonna give me a cheque on firday nite, cash it in on Saturday so it shud clear my account by thursday
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Drew
Banned
Registered: 24th Nov 01
Location: County Durham
User status: Offline
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quote:
Originally posted by Je11ybubb1es
quote:
Originally posted by CwmbranCorsaGirl
It takes 4 Working days from the day you put it into your account..... I work for Lloyds TSB
[Edited on 26-07-2004 by CwmbranCorsaGirl]
if you work for lloyds tsb you should know that all the personal cheques from our branches are on real time so as long as the funds are in the account and its a personal account it clears straight away
she didnt mention the cheque being from her own branch did she, and as you have said......
quote:
Originally posted by Je11ybubb1es
any other cheques from other banks/building societies are 4 full working days,
which is exactly what she said in the 1st place
so really you didnt acheive anything with your post
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Paul_J
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Registered: 6th Jun 02
Location: London
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hmm... I sent a cheque over a week ago and still haven't had my goods sent 
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CwmbranCorsaGirl
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Registered: 11th Jan 04
Location: Cwmbran
User status: Offline
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quote:
Originally posted by Drew
quote:
Originally posted by Je11ybubb1es
quote:
Originally posted by CwmbranCorsaGirl
It takes 4 Working days from the day you put it into your account..... I work for Lloyds TSB
[Edited on 26-07-2004 by CwmbranCorsaGirl]
if you work for lloyds tsb you should know that all the personal cheques from our branches are on real time so as long as the funds are in the account and its a personal account it clears straight away
she didnt mention the cheque being from her own branch did she, and as you have said......
quote:
Originally posted by Je11ybubb1es
any other cheques from other banks/building societies are 4 full working days,
which is exactly what she said in the 1st place
so really you didnt acheive anything with your post
Thank you drew
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Happy_2008
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Registered: 13th Mar 01
Location: Kent
User status: Offline
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So can cheques be made quicker to clear my account?
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kinkycorsa
Member
Registered: 19th Feb 03
Location: Bristol
User status: Offline
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You can get them cleared quicker by going to one of those cash the same day places but not in a bank.
Bank's usually say at least 3working days but if its a savings account 7 working days.
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