How long does a cheque from loyds or barclays take to clear in an hsbc account?

Answer 1

Here's a copy of hsbc personal cheque policy. The last part will answer your question.

Personal Account - Cheque Hold Policy and First $100 Availability1Our policy is to release funds deposited by cheque as soon as reasonably possible. We can hold your cheque deposit as outlined in the table below:Cheque Deposit Method:Cheque AmountHold PeriodFirst $100 Availability1* Business Days do not include a Saturday, Sunday or Statutory HolidaysIn person with an HSBC Employee (In Branch)$1,500 or less5 business days*ImmediatelyMore than $1,5007 business days*ImmediatelyUsing any other methodAll amounts6 business days*On the next business day*

The above cheque hold periods apply only to cheques that satisfy the following criteria:

• paper-based; magnetically encoded Canadian dollar cheque or instruments that can be read by our operational systems (i.e. not damaged or mutilated); and are drawn on a financial institution's branch located in Canada;
• deposited to an account where there is no evidence for us to believe that there may be illegal or fraudulent activity in relation to the account, or other indicators of a suspicious transaction, including those that we are required by law to report;
• deposited to an account open for more than 90 days;
• the cheque has not been endorsed more than once; and
• the cheque must be deposited within six months of the issue date.

In the event that the above criteria are not met and HSBC chooses to hold a cheque for a different length of time or not make the first $100 deposited available1 the depositor will be provided with a written notice. The notice will be provided immediately if the deposit was made in person, or on request if deposited in any other manner.

A cheque hold period of 30 business days2 applies to all other cheques drawn on a financial institution's branch located in Canada.

A cheque hold period of 30business days3 applies to all cheques drawn on a financial institution's branch located outside of Canada.

footnote:

3 This hold period is an estimate and applies where we have credited the funds to your Account. We may extend this hold period if payment for the cheque has not been received by us within the initial maximum hold period.