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Halifax cheque clearance times
ExNicotineQueen
Posts: 345 Forumite
Does anyone know what time of day a cheque is likely to show in your available balance when you log on to Halifax's online banking?
I have a cheque that says it is due for clearing today but it's still not showing in the available balance, was wondering what time they update their system.
Thanks for any help.
I have a cheque that says it is due for clearing today but it's still not showing in the available balance, was wondering what time they update their system.
Thanks for any help.
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Comments
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They update their systems between 3am and 4am. Whenever I have lodged cheques in the past they have always been made available by the date shown on the deposit slip.
Is your cheque a high value one? It may be subject to further security/fraud investigations if that is the case.0 -
Cheques become available from 9am normally.Anything I post is my opinion, so from time to time I may be wrong. I try to provide answers based in fact, however I don't know everything, so (like all posters on MSE), take what I say with a pinch of salt.0
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It was just my wages cheque, no different to any other month really. Funnily enough I checked online banking at midnight and 3am last night and again just when I started this topic. I checked again at 8.58am and refreshed the page and at 9.01am the balance was showing as cleared in my available balance.
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If I deposit a cheque into a Halifax savings account on a Saturday, when can I withdraw cash against it.
Logic says on the Friday, following the 2-4-6 rule but I was told the following Monday (which is working day 5 after deposit !?!?). The girl on the till said that the day +4 rule for withdrawal only applied to current accounts.
Nor sure who was the more confused!Ethical moneysaver0 -
realaledrinker wrote: »If I deposit a cheque into a Halifax savings account on a Saturday, when can I withdraw cash against it.
Logic says on the Friday, following the 2-4-6 rule but I was told the following Monday (which is working day 5 after deposit !?!?). The girl on the till said that the day +4 rule for withdrawal only applied to current accounts.
Cheques deposited into savings accounts go 2-6-6. There's no urgency to withdraw against the value of a cheque deposited in a savings account, thereofore it becomes available on "certainty of fate" (the sixth working day).
I would suggest the cashier is wrong, and the cheque should in fact be available the following Tuesday.Anything I post is my opinion, so from time to time I may be wrong. I try to provide answers based in fact, however I don't know everything, so (like all posters on MSE), take what I say with a pinch of salt.0 -
depends on your account(what type you hold current ect,)"MSE Money saving challenges..8/12/13 3,500 saved so far :j" p.s if i been helpfully please leave me a thank you but seek official advice at all times from a pro0
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