Britannia cheque clearance question ...

Legacy_user

Does anyone know or have any idea whether this time-scale would apply with a cheque withdrawing money from a Britannia account?

If you pay money into your Account by cheque, the cheque will be put through a clearing process. The following timescales will apply. We call the day we receive the cheque ‘Day 0’ and subsequent days are called Day 1, Day 2 and so on.
On Day 0 you will start to earn interest.
On Day 6 you will be able to withdraw the funds (if your Account allows withdrawals).
By the end of Day 6 you can be certain that the money is yours and cannot be reclaimed without your permission (as long as you have not deliberately committed fraud). However up until the end of Day 6 a cheque may still bounce and the money may be reclaimed from your Account. Up until the beginning of Day 6 you will not be able to withdraw any money against the cheque.