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Cheque Clearing

Posted by Shawnee Shawnee
Message 1 of 4 1,193 Views
Hello, I am expecting a cheque to be deposited into my account this afternoon and wondered if there is any way for it to be cleared faster to enable me to withdraw it by the weekend?
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Re: Cheque Clearing

Posted by LyndsC LyndsC
Message 2 of 4 1,192 Views

Hi @Shawnee, when you deposit a cheque you can request a special answer, which means we will endeavor to have the cheque cleared sooner. There is a fee of $16 for this service and as we do require the other banks confirmation before the cheque can be cleared so we can not guarantee that it will clear any faster.

Please also note that a special answer can only be requested when you deposit the cheque, and can not be added at a later time. Thanks.

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Re: Cheque Clearing

Posted by Shawnee Shawnee
Message 3 of 4 1,190 Views
So what if another bank is depositing the cheque into my account? I am not depositing myself.
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Re: Cheque Clearing

Posted by LyndsC LyndsC
Message 4 of 4 1,188 Views

As the fee would need to come from your account they would not be authorised to request a special answer on the cheque @Shawnee, a standard cheque generally clears within 3-5b business days.

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