0
How much time bank takes to clear a cheque of other bank and of other state?
Wiki User
∙ 13y ago
If the cheque belongs to another bank but belongs to the same city - 2 days (Max)
If the cheque belongs to another bank but belongs to a different city but same state - 2 to 3 days (Max)
If the cheque belongs to another bank and belongs to a different state - 3 to 5 days (Max)
All the durations above are under the assumption that the cheque issuing account has cash to pay for it. The bank may not clear the cheque if the account doesn't have funds for it.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is a business that takes resources from nature for direct consumption or for use in developing other products called?
Agri-Business
What do you call it when one company takes over another?
It is called a takeover. If the other company is taken over against its will, it is called a hostile takeover.
What do moving companies charge?
Local moves are charged by the hour; the total amount depends on how many movers you have and how long it takes them to complete the move. Out of state moves are charged by the weight. I will include a link in the source box for you for more information.
Is there a other monopoly type then the original?
yes they have a new one with a credit card you enter the card in the atm or some money taking device and it takes the money from your credit/debit card
How long does it take for a passport to arrive?
it takes about four months it takes about four months
How much time state bank of India takes to clear a Cheque which is in dollars?
It can take more than a month
How long does a cheque take to clear with the clydesdale bank?
Normally takes 4 business days for a cheque to clear with the Clydesdale bank.
How long does it take for a cheque to clear?
As with any bank or financial institution, the amount of time it takes a cheque to clear depends on the amount of the check and what bank issued the check.
How much time state bank of India takes to clear a Cheque which is in USD?
it takes upto 10days...... sometimes it will take just 2-3 days.. so min - 2days max - 10days
How much time bank takes to clear a Ac payee cheque of same bank but belongs to a different city but same state?
Usually 1 working day and atmost 2 working days.
What is the difference between multi city check and bearer check?
Mulitcity cheque is more advanced than ordinary cheque as multicity cheque can be deposited and given to any where iin india and takes less time for clearacnes where as ordinary cheque takes more time and come to mother bank branch for clearances.
What does effects not cleared means when cheque bounces?
Effects not cleared is the period of time it takes for a cheques paid into a personal account to clear. This time differs per bank. Basically the request you have made has not yet been processed.
How much time bank takes to clear a cheque of cimb bank to hong leong bank?
If both the CIMB Bank and Hong Leong Bank are inside Singapore, then the usual time to clear cheques is 1 or 2 business days. If either of the banks is outside Singapore and one of them is inside Singapore, then the time may be considerably longer due to international settlement. You can actually call up your banks customer care to find out the average time it would take to clear the cheque by providing the source account details.
You got a cheque with ac payee can you cash this today in carlisle?
You cannot encash an ac payee cheque directly. you need to deposit in your account and then You need to wait for a day or two as per the banks working schedule to receive the cash. It usually takes 2 working days for a local cheque. If it is a cheque from the same bank it may happen in 1 working day
What clearing check means in banking?
Clearing a cheque , means the time it takes to verify funds involved in the transaction.
Can you cash a reserve bank of australia cheque and get cash straight away?
No. I think you used to be able to years ago, but if you take a reserve bank cheque to the bank it takes around three business days if you're lucky.
Why cheques not cleared today?
In the UK it depends who you bank with, traditionally cheques have always taken 3 days to clear through the UK banking system, this allowed the banks time to check that the money was available to pay the cheque, however technology has improved so much that it no longer takes 3 days in many cases the cheque can be cleared almost instantly, some UK banks now offer to credit your account at the time you deposit the cheque, although others still insist on waiting up to 3 days. Check with your bank for clearance terms.
