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HSBC cheque paid into HSBC account - how long to clear
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# 1
Flearoy
Old 19-02-2010, 3:29 PM
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Default HSBC cheque paid into HSBC account - how long to clear

Hi all

I've got a HSBC cheque from someone (AA breakdown repair cover insurance payout) and want to pay it into my current account, which is also HSBC. How long will it take to clear?

Cheers

Lee
Skip dipper and proud....
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# 2
Rich1976
Old 19-02-2010, 4:30 PM
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Quote:
Originally Posted by Flearoy View Post
Hi all

I've got a HSBC cheque from someone (AA breakdown repair cover insurance payout) and want to pay it into my current account, which is also HSBC. How long will it take to clear?

Cheers

Lee
3 days, although I had the odd one cleared in 2 days. But I think it can take up to about 5 days before the issuer cannot cancel it with their bank.
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# 3
Flearoy
Old 19-02-2010, 4:40 PM
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According to HSBC call centre, funds should be available on the fourth working day after I pay it in. As I am paying it on a Saturday morning, I'm going to assume the following Friday! Progress eh?
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# 4
eleruen
Old 19-02-2010, 6:59 PM
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some branches have a special cheque paying in machine...as you are both HSBC it goes into your account on the same day. Using this machine it takes 3-4 working days if the cheque is coming from a different account.
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# 5
escortg3
Old 20-02-2010, 8:57 AM
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i pay my cheques in on a thursday morning and it clears on a tuesday morning
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