cheque clearance

chesky369

I know it's a really basic question but how long does it take for a cheque to clear - never needed to know before but I paid a biggish cheque into my Lloyds current account yesterday and want to transfer it on to my savings account a.s.a.p.

James

Difficult question to answer to be precise.

This link explains the Cheque Clearing Cycle.

Click here.

olly300

I found this:
http://lloydstsb.creativevirtual.com/LloydsTSB/?entry=How%20does%20the%20clearing%20cycle%20work?&SiteContext=IB.PERSONAL&IsInit=&nofree=&ident=pT406Tol2u

I've never banked with LloydsTSB but with other banks I've used which have a 3 day clearing cycle if the money was paid in on Monday I couldn't spend/move it until Thursday.

jonesMUFCforever

chesky369 wrote: »

I know it's a really basic question but how long does it take for a cheque to clear - never needed to know before but I paid a biggish cheque into my Lloyds current account yesterday and want to transfer it on to my savings account a.s.a.p.

It will be available to use on Friday morning.
Note I said use not cleared as the cheque could still bounce.