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Boi

Cherryscone
Cherryscone Posts: 1,412 Forumite
Part of the Furniture 1,000 Posts Photogenic Combo Breaker
Anyone else bank with BOI how long does it usually take a Cheque to clear ?
~We are all going to hell and guess who Is driving the bus~
*Norn Iron club Member 294* (Hi, we’ve had to remove part of your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE Forum Team)

Comments

  • motorguy
    motorguy Posts: 22,611 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Anyone else bank with BOI how long does it usually take a Cheque to clear ?

    I've my business account with them. Five working days i think?

    Bank transfers are about that length of time too.
  • Cherryscone
    Cherryscone Posts: 1,412 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Rang them today they said 5 working days I lodged last Wednesday so will most likey be this coming Wednesday seems rather a long time woud be interesting to see what other Banks times are like?
    ~We are all going to hell and guess who Is driving the bus~
    *Norn Iron club Member 294* (Hi, we’ve had to remove part of your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE Forum Team)
  • motorguy
    motorguy Posts: 22,611 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Rang them today they said 5 working days I lodged last Wednesday so will most likey be this coming Wednesday seems rather a long time woud be interesting to see what other Banks times are like?

    I dont think for cheque many better that. I think Nationwide is 5 days too.

    Its the transfers that bug me with BOI. Nationwide & Halifax - a matter of minutes tops. BOI = 5 days. And it disappears from your account instantly too - it just doesnt appear in the other account for 5 days.:mad:
  • saverbuyer
    saverbuyer Posts: 2,556 Forumite
    Rang them today they said 5 working days I lodged last Wednesday so will most likey be this coming Wednesday seems rather a long time woud be interesting to see what other Banks times are like?

    It's the 2-4-6 system. 2 days to start paying you interest. 4 days for funds to be available. 6 days the cheque can bounce.

    I believe it's will be shortened this year but can't remember how much.
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