How does a check go through the banking process from the time it is written to the time it is reconciled with your bank statement?

Answer 1

The first step in the process of how a check goes through the banking process from the time it is written to the time it is reconciled with your bank statement is that the recipient lodges the check into their bank account. The bank then has to clear the check with the bank that the check is from, known as check clearing. This process can take a few days. The recipients' account is credited with the amount that the check was written for and the account of the person who wrote the check is debited for the same amount.