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Cheque clearance times - a reply from the bank

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Comments

  • anniecave
    anniecave Posts: 2,490 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    jamesd wrote:
    JohnPeard, arrrange an overdraft facility and wait until the new same day payments system arrives around this time next year. Even with the most modern systems there is an advantage to creating batches of transactions, so there may well be same day but not same hour or second processing.

    and with the same day payment system, either a cost to use it, or monthly fees just for having a current account..... hmmm ... or am i just being cynical?
    Indecision is the key to flexibility :)
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    A little cynicism is fine. Cost hasn't been decided.
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