Cheque Clerance if person banks with the same bank and branch?

mulronie

In the industry parlance what you have described are known as "house cheques"

Unfortunately for you I believe Barclays stopped processing them differently a while ago, and they all get cleared through the central process with the standard 2-4-6 timeframe

Day 0 - deposit
Day 2 - funds begin accruing interest
Day 4 - funds available to withdraw
Day 6 - certainty of fate (i.e. the cheque can't bounce after this day)

amber2890

Thanks,

least I'll know now for future cheques

Think money is the way forward now for me don't want to be dealing with this again.

dalesrider

amber2890 wrote: »

You'd think now a days with technology everything would be slightly quicker haha

Yep its called a faster payment and is usually in your account in 2 hours...

Other option would have been for your gran to cash the cheque herself and give you the cash.

Makes no diffrence if a cheque is from the same branch/bank etc. All go through the same process.

jonesMUFCforever

How much the cheque was for?

Anything under £500 and I too would have expected the cheque to clear the same day BUT this assumes 2 things , firstly she had sufficent cleared funds in her account and secondly the bank had a copy of her signature to check against the one on the cheque.

If either of the above did not happen it would explain why the cheque seems to have gone through the clearing system.

amber2890

Yes was under £500 and my nan would of had the funds I'm 100% certain about that.

Maybe it's the signature then but she's paid into my account before money and cheques and been with me just due to looking after my grandad now with ill health I tend to help them out and go about it alone.