Why do Banks need 5 days to clear cheques or lodgements?
I notice they still deduct 'referral' fees and unpaid direct debit
penalties to themselves from the uncleared money.
I lodged a cheque to my account last Monday morning. It has not cleared
on Friday morning. My DD's and SO's are being rejected. I was told by the bank
that this money will not clear until 8 - 9pm tonight.
They have so far deducted 30e in charges from my uncleared cheque.
I notice they still deduct 'referral' fees and unpaid direct debit
penalties to themselves from the uncleared money.
I lodged a cheque to my account last Monday morning. It has not cleared
on Friday morning. My DD's and SO's are being rejected. I was told by the bank
that this money will not clear until 8 - 9pm tonight.
They have so far deducted 30e in charges from my uncleared cheque.