So, how long does it now take for a cheque to clear? This article gives you the answer. Thanks to technological improvements in the financial sector, cheques now normally clear within one working ...

will benefit customers by reducing to a single day the time it takes for a cheque to clear. The current clearing process can take up to several days. The new, shorter clearance time will apply ...

This speedier clearance of cheques will help improve money circulation in the national economy. The Central Bank is also considering the additional step of introducing an “Express Clearing ...

A pilot has been tested and 83 banks in Delhi will run the system in another nine months. MUMBAI: Come March 2006, cheque clearance will hit the fast track. Compared to the 2-3 days that banks now ...

People will no longer have to wait nearly a week for banks to clear cheque payments after a change in the law later this year. The Government wants to change the law to allow banks to process ...

One FT Money reader wrote to us this week to say that as a customer of Halifax he was told he would have to wait for six days before a cheque that he had cashed with the bank would clear.

You'll soon be able to clear a cheque by the next working day thanks to a new image-based system being rolled out from today. Currently, paper cheques have to be taken from bank to bank and can take ...

Fransisca Muinde, who operates a business account with a multinational bank, says she has had to wait the three mandatory days for local cheques to clear. “I use the new generation cheques and ...

Ever wondered how long it takes a cheque to clear? We take a look. The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should ...