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cheque clearing tim...
 

[Closed] cheque clearing times

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[#3106966]

whats the fastest way to get a cheque from a natwest account into a barclays account?

1. pay in at a natwest
2. pay in at a barclays
3. cash it* at the account holders natwest bank and pay cash into barclays?

*can you cash cheques these days?


 
Posted : 02/09/2011 10:51 am
Posts: 10747
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Pay it in at your own branch. It saves a day over any other method. But clearing time has recently gone up to 7 days or so because they physically dx post the cheque to issuing bank who if they decide to bounce it dx it back again.

I know this because I banked a business cheque, withdrew the funds 4 days later and got hit with an overdraft charge.


 
Posted : 02/09/2011 10:58 am
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http://www.moneyshop.tv/cheque-cashing/

If you don't mind paying the commission and [b]really[/b] need the cash quickly.


 
Posted : 02/09/2011 11:00 am