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Cheque Clearing time with halifax?


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Old 10-02-2010, 04:09
i love sky
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I paid a cheque into my Account last thursday 4th Feb and was told that it would be clear to take out today but my online account has just done a update and its still not cleared.

How long does it take to clear using a Cardcash Account with Halifax?

It also tells me on my online account that it would be cleared 10/02.
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Old 10-02-2010, 04:41
summerain
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It's usually 5 working days.
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Old 10-02-2010, 04:42
Gogfumble
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http://www.halifax.co.uk/bankaccount...ndingmoney.asp
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Old 10-02-2010, 06:59
grumpyscot
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Switch your account to a Bank of Scotland account and it gets paid in and cleared in 3 days - even though its the same company!

Bank of Scotland is a clearing bank, Halifax isn't, and they (Halifax) have to send their cheques to another bank to clear.
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Old 10-02-2010, 10:10
mab2000
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Blimey 5 working days to clear a cheque!

Natwest have never failed me once and my cheques always clear by the second working day.
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Old 10-02-2010, 10:15
Rachel0666
 
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It might not go in until later today.

I've payed cheques in with the Halifax before and they've always been available the day that they said but sometimes not until later in the day.
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Old 10-02-2010, 10:34
bobgob
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By the end of the 6th working day. Before that, a cheque can be returned unpaid. That's with any UK bank under the 2-4-6 rule that was introduced in 2007. Banks will let you withdraw before that, but you do so at your own risk.
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Old 10-02-2010, 12:33
Loz_Fraggle
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I always wait till 9am before looking again, as it seems that's when cheques are updated on the online account.
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Old 10-02-2010, 14:52
i love sky
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I always wait till 9am before looking again, as it seems that's when cheques are updated on the online account.
It has now cleared now but not sure why it didnt happen at 3am when they update accounts.

Thankyou for all your advice guys.
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Old 10-02-2010, 16:45
bobgob
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It has now cleared now
It can still bounce between now and close of business this Friday. See my earlier post.
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Old 02-04-2010, 15:40
Hmmm01
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Switch your account to a Bank of Scotland account and it gets paid in and cleared in 3 days - even though its the same company!

Bank of Scotland is a clearing bank, Halifax isn't, and they (Halifax) have to send their cheques to another bank to clear.
No. Cheques paid into both Halifax and Bank of Scotland accounts are subject to exactly the same clearing timescales (which, for current accounts, means that you can withdraw funds after three working days).

Halifax do not send their cheques to another bank to clear them.

Blimey 5 working days to clear a cheque!
It's actually three working days on current accounts, four on basic accounts, and (like every bank) six on savings accounts.

Natwest have never failed me once and my cheques always clear by the second working day.
Ah, but you pay for the privilege of being able to withdraw your cheque a whole day earlier by having to put up with Natwest. Personally, I would rather have the 5 Reward, and decent internet banking and customer service, than have an account at Natwest, even if that would let me have access to my cheque a day earlier.

Additionally, your cheque won't actually clear until the end of the sixth working day. Even if Natwest make the funds available to you after two days, they can still reverse the transaction until six working days have passed.

It might not go in until later today.

I've payed cheques in with the Halifax before and they've always been available the day that they said but sometimes not until later in the day.
Cheques will always be made available at 9.00am.
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