It depends on where you write it or where the person you gave it to cashes it. With electronic processing, funds may be debited from your account anywhere from immediately to 48 hours afterwards. If presented in person at the bank it was drawn on for cashing, funds are immediately debited.
5 working days excluding saturday
about fity thousand dollar
Submit it to the Teller in a bank where you have a bank account. If it is a bearer cheque and you have an account in the same bank as that of the cheque, you will be paid cash immediately. If it is an account payee cheque, money will get credited to your account in the next 2-3 days
If the cheque belongs to another bank but belongs to the same city - 2 days (Max) If the cheque belongs to another bank but belongs to a different city but same state - 2 to 3 days (Max) If the cheque belongs to another bank and belongs to a different state - 3 to 5 days (Max) All the durations above are under the assumption that the cheque issuing account has cash to pay for it. The bank may not clear the cheque if the account doesn't have funds for it.
You cannot. A Crossed Cheque is also called an Account Payee Only Cheque which means that, this cheque cannot be cashed directly. It can only be deposited into the bank account of the person to whom this cheque is issued. So, the only way you can cash the cheque is by opening a bank account (or using your existing bank account) and deposit this cheque.
A Crossed Cheque is also called an Account Payee Only Cheque which means that, this cheque cannot be cashed directly. It can only be deposited into the bank account of the person to whom this cheque is issued. So, the only way you can cash the cheque is by opening a bank account (or using your existing bank account) and deposit this cheque.
You can 'express clear' a cheque at any bank - but they will charge you a fee for doing so.
When the bank has not enough funds in the relevant account or the account holder requests that the cheque is bounced (under exceptional circumstances) then the bank will return the cheque to the account holder. The beneficiary of the cheque will have not been paid. This normally incurs a fee from the bank.
Normally takes 4 business days for a cheque to clear with the Clydesdale bank.
You cannot. A Crossed Cheque is also called an Account Payee Only Cheque which means that, this cheque cannot be cashed directly. It can only be deposited into the bank account of the person to whom this cheque is issued. So, the only way you can cash the cheque is by opening a bank account (or using your existing bank account) and deposit this cheque
When the bank has not enough funds in the relevant account or the account holder requests that the cheque is bounced (under exceptional circumstances) then the bank will return the cheque to the account holder. The beneficiary of the cheque will have not been paid. This normally incurs a fee from the bank.
You can easily apply for a Halifax bank account on the official website, there are some different options you can choose between. Of course you can also visit a branch to get a Halifax bank account.