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credit union cheque clearance

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  • 03-08-2016 1:05pm
    #1
    Panthro
    Registered Users Posts: 14,804 ✭✭✭✭


    Hi all,

    I put a credit union cheque into my current account last Wednesday. At the moment the max I can transfer out of my account is roughly the amount of savings I already had.
    I'm wondering will the amount I can transfer increase once the cheque is cleared, or how can up the transfer limit?

    Thanks all


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    #2
    Bank of Ireland: Alison
    Closed Accounts Posts: 1,060 ✭✭✭Bank of Ireland: Alison


    Panthro wrote: »
    Hi all,

    I put a credit union cheque into my current account last Wednesday. At the moment the max I can transfer out of my account is roughly the amount of savings I already had.
    I'm wondering will the amount I can transfer increase once the cheque is cleared, or how can up the transfer limit?

    Thanks all
    Hi Panthro

    Thanks for getting in touch with us here on Boards.

    Just to mention, a domestic cheque can take up to 5 working days to clear on your account. 

    I have included some information here regarding the different transfer limits online. 

    Feel free to come back to us if you have any further questions,

    Many Thanks
    Alison


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