We use a minimal number of cookies to enhance your browsing experience - you can change your settings at any time.
The UK's only Multi Agency Credit Report

Take a FREE 30-day no obligation trial. Call 0800 612 0421 9am-5pm, Monday to Friday for help.

Forgotten Password? Not a Customer? Sign Up

Online cheque clearing time checker

Posted in 'Banking' by Barry Stamp

10 November 2011

Anyone who has struggled to work out how long it takes for a cheque to ‘clear’ will find invaluable the a href=" http://www.chequeandcredit.co.uk/246/-/page/cheque-checker/ " target="_blank">online cheque clearing time checker.

The checker calculates the maximum time it takes for a paid-in cheque to start to earn interest, (or to reduce interest if your account is overdrawn), when the funds will be made available to draw against, and when the cheque finally clears and there is no risk of the cheque being returned unpaid (bouncing).

In the checkmyfile Banking and Credit Card Survey, respondents rated their banks very differently in terms of customer satisfaction. RBS, HSBC and NatWest filled 3 of the top 5 places and each offers a basic current account with no fee, which should suit most needs, and these banks are big enough to cope with more complicated stuff should the need arise.

Barry Stamp

Barry is a Chartered Banker and a Fellow of the Institute of Credit Management. He has a degree in Statistics and Business Economics from the Open University. Barry writes mostly on news from the worlds of banking and mortgages.

Barry is a co-founder of checkmyfile.

Related Articles

No cash please, we’re Danish

‘Cash only’ signs, remember them? They used to be around back in the day, as debit and credit cards began their domination of how transactions occurred around the world.

Their relentless march towards wiping out our traditional paper notes and coins has been to such an extent that politicians in Denmark are considering whether to allow retailers across the country to ban customers paying with cash.

The proposal of going cash-free is nothing new in the Scandinavian region. They’re trailblazers in advanced payment solutions. So could Denmark become the first cashless country in the world, where no one uses cash and retailers won’t accept krone notes or coins?

The Chamber of Commerce in Copenhagen is advising politicians .....

22 May 2015 by

Ben Ryland



Full Article

More Lloyds shares sold by the government

The government has sold more shares in Lloyds Banking Group, taking its stake in the group to less than 20%. £500m of shares were sold by the Treasury taking the total amount recouped by the government to £10bn.

Lloyds Bank was bailed out by the government at the height of the financial crisis at a cost of £20bn to the tax payer, bringing 43% of the bank under state control.

Royal Bank of Scotland (RBS) was another bank bailed out by the government at a cost of £45.2bn, but it is not thought that RBS is close to being returned to private ownership just yet, as the government is sitting on a loss of £13.5bn on its stake at current share prices. The state currently owns 80% of RBS and recent reports suggest it may consider sel .....

15 May 2015 by

Tom Line



Full Article

Mobile banking used by two thirds of customers

During March, mobiles were used 40 million times by Halifax customers to check their bank accounts and balances

12 May 2015 by

Kelly Luff



Full Article

Accepted Payment Methods: VISA, MasterCard and Direct Debit

© Copyright Credit Reporting Agency Ltd 2000 to 2015. All Rights Reserved.

United KingdomAustraliaGive Me Credit United States

Customer Feedback