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Depositing a Cheque into Nationwide Current Account
johnboy84
Posts: 3 Newbie
Hi
I paid a cheque into my nationwide account today, first time in a long time I have received a cheque. I have been reading that cheques clear a lot faster now. It says that the funds will become available by 23:59 tomorrow at the latest. Anybody had any experience with paying in cheques and what time have you roughly been able to access the funds from that cheque?
Thank you
John
I paid a cheque into my nationwide account today, first time in a long time I have received a cheque. I have been reading that cheques clear a lot faster now. It says that the funds will become available by 23:59 tomorrow at the latest. Anybody had any experience with paying in cheques and what time have you roughly been able to access the funds from that cheque?
Thank you
John
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Comments
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Yes they have ben clearing a lot faster lately. If you have been told that the funds will be available by 23:59 tomorrow at the latest I can see no reason to doubt this information if it was given to you by a reliable source..0
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Hi thanks for your replies. I guess what I really want to know is if anyone has experience of paying them in and at what time they actually were able to withdraw the money form the cheque. I know it says BY 23:59 but wondering at what time others had been able to use the money. Thanks.0
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Well I've had experience of paying in cheques to my Halifax account via their phone app - they usually clear next day, sometimes as soon as about 10am, so I'd imagine yours could certainly clear before 11.59 the next day.
As I understand it when you pay in via a branch the cheque goes into the same system as mine does when I use my phone app so you should benefit from the speed of the system too.0 -
Hi thanks for your replies. I guess what I really want to know is if anyone has experience of paying them in and at what time they actually were able to withdraw the money form the cheque. I know it says BY 23:59 but wondering at what time others had been able to use the money. Thanks.
Three cheques paid into Nationwide Branch, funds were available by midday the following day, didnt check earlier than that.0 -
Mine have always been 2 days after the cheque was paid in after midday. But they show in pending when paid in.Mortgage started 2020, aiming to clear it in 2026.0
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