View Full Version : Bounced cheques
Straws
25-01-2010, 08:33 AM
Hi all,
Just a quick question, after presenting a cheque to the bank how long does it take before you know it has been bounced?
Straws xx
Andrea08
25-01-2010, 08:40 AM
ok after 3 working days you can draw on the cheque but it is 7 working days that a cheque can be reclamed "Bounce",, i alwaysd leave cheques for at least 7+ working days to be sure and never tell a parent a cheque has cleared untill end of 14 days to be sure
hope im right xxx
miffy
25-01-2010, 06:14 PM
I'm not sure but if you think it might then I'd ring your bank to check
Miffy xx
youarewhatyoueat
25-01-2010, 06:47 PM
If you have an online account it often shows up the next day and not all banks allow you to draw on it after 3 days, check with yours. You should get a letter by the 3rd working day to say the cheque has bounced and will be represented.
Its so much easier online to check though.