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How long does it take for a check from a banking institution to clear?
Wiki User
∙ 12y ago
It depends. Let us say I give you a check from my ICICI Bank account in Chennai, it would take the following timeframe.
- if you deposit into your ICICI Bank account in Chennai - 1 to 2 working days
- if you deposit into your ICICI Bank anywhere else in India - 2 to 3 working days
- if you deposit into your non-ICICI bank account in Chennai - 2 to 3 working days
- if you deposit into your non-ICICI bank account anywhere else in India - 4 to 5 working days
Wiki User
∙ 12y ago
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How long does it take a local check to clear?
If its an at-par check, and its the same bank, then it takes a couple of minutes to check the balance in the account and get cleared! Same is true with nationalized banks' and others' core-banking enabled networks! Thanks! Abid Rahman
How long does it take for a bank check to clear?
Depending on the institution, it may take anywhere from one business day to seven business days to clear a check. The usual time is 2-3 business days, but it may take more or less time to clear due to your bank's procedures and delays/ bank holidays.
How long does it take to clear a check of 3000?
How long does it take to clear a change of amount of three thousand dollars.
How long does it take a cashier's check to clear?
immediately
Why does it take so long for a check to clear?
funds have to be verified
How long does it take for a cheque to clear?
As with any bank or financial institution, the amount of time it takes a cheque to clear depends on the amount of the check and what bank issued the check.
How long does it take a local check to clear?
If its an at-par check, and its the same bank, then it takes a couple of minutes to check the balance in the account and get cleared! Same is true with nationalized banks' and others' core-banking enabled networks! Thanks! Abid Rahman
How long does it take for a bank check to clear?
Depending on the institution, it may take anywhere from one business day to seven business days to clear a check. The usual time is 2-3 business days, but it may take more or less time to clear due to your bank's procedures and delays/ bank holidays.
What is merchant banking?
a bank that deals with international finance ,long term loans to companies ,underwriting
Are there any investment banks available online?
There are many many investment banks online. These days, almost any banking institution has at least some investing options. One newer online-only banking institution is ingdirect.com, while a long-time player in DIY investing is tdameritrade.com.
How long does it take to clear a check of 3000?
How long does it take to clear a change of amount of three thousand dollars.
How long has the Bank of Ireland been in business?
The Bank of Ireland has been in business since 1783, however, it has seen closures in the form of banking strikes in 1950, 1966, 1970 and 1976. It is the premier banking institution in Ireland.
How long does it take a cashier's check to clear?
immediately
How long does it take for an out of state check to clear?
about a week
Why does it take so long for a check to clear?
funds have to be verified
The Goal of Philippine National Bank?
The bank's objective then was to render financial assistance to the Philippine commercial enterprise and agribusiness and to assist the economic development endeavor of the government. With the establishment of this banking institution, Filipinos had a bank by which they can call their own. The banking institution was allowed to concede short and long-term loans to agribusiness and industry. Through these loans, farmers can avail a loan with interest of 8 to 10 percent per year. This banking institution is also allowed to accept deposits, open international credits and refund bills.
How long does it take Wells Fargo to clear a check?
The time it takes for Wells Fargo to clear a check depends on the history of the person who wrote the check, how much the check was written for and the time or the year the check was written.
