Cheque clearing
Discussion
Dixie68 said:
Why does it still take five days for a cheque to clear? This isn't a rant, I'm just shocked that it takes so long - is there a valid reason?
Banks don't like cheques - the infrastructure is very expensive compared to online banking and EFT, which is very cheap. So banks have had no reason to improve the cheque service. Gassing Station | Finance | Top of Page | What's New | My Stuff