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cheque lodgement and drawing

kristian12 · 2013-07-06 15:58:40

I know the standard clearing of a cheque is 3 to 5 days but i was told if i lodge a cheque into a bank of Ireland account it can be drawn on straight away even if its from another bank. Anyone know if this is right?

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06-07-2013 4:58pm

#1

kristian12

Registered Users Posts: 361 ✭✭

Join Date: July 2011

Posts: 288

I know the standard clearing of a cheque is 3 to 5 days but i was told if i lodge a cheque into a bank of Ireland account it can be drawn on straight away even if its from another bank. Anyone know if this is right?

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#2 11-07-2013 5:36pm
Trish56

Registered Users Posts: 1,256 ✭✭✭

Join Date: November 2012

Posts: 1244

Yes that is correct... anytime I make a lodgement I have access to it immediately even sterling lodgements.

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