risky business

lkmc01

I have 8200 I want to put away for 2 years at 4.75% in the Cheshire building society, but, it does not come available until 10th January. Shall I get the cheque to them by 5th, this Monday and hope it does not clear until after Saturday 10th?

It they try and take it out before 10th January I'll be fined something like £60. What do you think my chances are of it being taken out after 10th January?

I was thinking 5 working days to clear so it might not clear until Monday 12th January

opinions4u

If they process it on receipt, you're doomed.

lkmc01

so what do you think about the ICICI 12 months account at 5.1%

Puddlesplasher

The Cheshire are currently processing applications received on 23/12 so it is unlikely to be processed for a while.

Dooooooooooooooonut

Why don't you just wait until the 10th before opening the account