Bounced cheques
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Thread: Bounced cheques

  1. #1
    Join Date
    Jan 2008
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    Default Bounced cheques

    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

  2. #2
    Join Date
    Sep 2008
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    Blackpool
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    Default Re: Bounced cheques

    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

  3. #3
    Join Date
    Aug 2007
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    Default Re: Bounced cheques

    I'm not sure but if you think it might then I'd ring your bank to check

    Miffy xx

  4. #4
    Join Date
    Feb 2009
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    Default Re: Bounced cheques

    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.

 

 

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