Log in to Personal Banking Skip to content
  1. Home
  2. Help & info
  3. Ways to pay
  4. Types of payments
  5. Cheques
  6. What is the cheque clearing cycle?

Help & info

Just type in your query, or have a look at the list of popular questions below.

What is the cheque clearing cycle?

The cheque clearing cycle refers to the time taken for a cheque to be processed, credit an account and that money to become available.

Cheque Imaging is still being rolled out across all banks and building societies within the UK and is due to be fully established in 2019.

If you have written a cheque and this is paid into a bank or building society using cheque imaging, it should debit your account after two Business Days, once the cheque has been presented for payment at the payee's bank. If the bank or building society isn’t using cheque imaging, this should debit your account after three Business Days.

For cheques you pay into your account, once we receive the cheque, the cheque will clear and credit your account within two Business Days. Once the cheque is credited, if applicable, you will then start to earn interest or interest charges will start to reduce on your overdraft.

Learn more about the cheque clearing cycle.

Was this article helpful?

Thank you for your feedback

We will use your feedback to improve our answers. For further assistance Contact us

Thank you for your feedback

We will use your feedback to improve our answers. For further assistance Contact us

Related Articles

  • How do I pay in a cheque?

    There's a number of ways in which you can deposit cheques into your account.
    Learn more

  • What address should I post my cheque to?

    We have two postal addresses for cheques: a Visa credit card address and an address for all other accounts.
    Learn more

  • How will Cheque Imaging protect me against fraud?

    Our fraud prevention controls have been updated and we will continue to contact you if we believe you have been the victim of cheque fraud.
    Learn more