How long for cheque to clear?

Guess_Who

Hi there,

I lodged an Ulster Bank cheque into my current account today & the balance updated within a couple of hours.

I want to transfer this into my savings accout as soon as I can but I assume the cheque could not have cleared so quickly.

Can you advise when I should be able to transfer these funds?

Thanks

TimeToShine

It took me 5 working days last time i transferred one.

Bank of Ireland: Billy

Hi Guess_Who, 

Many thanks for your post. 

When you lodge a cheque, you will see the amount added to your balance however the cheque needs to clear before the funds are available. 

A non-BOI domestic cheque takes five working days to clear. 

Thanks

Billy

maximoose

How long does a BOI cheque take to clear when lodged to a BOI acc?

Bank of Ireland: Billy

maximoose wrote: »

How long does a BOI cheque take to clear when lodged to a BOI acc?

Hi maximoose, 

Thanks for your post. 

A Bank of Ireland cheque takes 3 working days to clear. 

Thanks.

Billy

maximoose

Yuck.  I can't wait until cheques are a thing of the past.

Thanks for the quick answer!