Question re. banks and time taken for clearing cheques....

Discussion in 'Bulletin Board ARCHIVE' started by Mr Badger, Nov 13, 2013.

  1. Mr Badger

    Mr Badger Well-Known Member

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    My bank is the Coop bank, and if I pay a cheque (any variety) into my account, say on a Monday, it will show as available funds on Wednesday.
    My other current accounts I have at Lloyds and Halifax, would not clear until the following Monday... or possibly Saturday at the earliest.

    Why the difference, anyone know?
     
    Mr Badger, Nov 13, 2013
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  2. EastStander

    EastStander Active Member

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    Cause Lloyds and Halifax are tw@ts!

    Used to work for Halifax and when Lloyds took over Halifax they implemented Lloyds systems into Halifax - they were about 10 years behind! It was so frustrating working in IT and having to implement systems that had less functionality than the ones they were replacing!
     
    EastStander, Nov 13, 2013
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  3. RichK

    RichK Well-Known Member

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    I have banked with Halifax most of my working life and have to say I have never had such a problem. The norm for cheques i pay in is the standard 3 days.
     
    RichK, Nov 13, 2013
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  4. Wayne

    Wayne Well-Known Member

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    I posted a cheque into my Lloyds account a few months ago and that cleared within 3 days.
     
    Wayne, Nov 13, 2013
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