Here is how cheque clearing works and how long it takes. It is always worth checking that you have the right current account for you, especially as now you can switch your current account in just 7 days.
Amount in numbers This should be entered in the small box on the right hand side, must match the amount in words and should include pounds and pence. Expatriates may not initially be able to satisfy all the requirements hence the comments above about having letters of introduction from your employer and your current bank.
Cash Back Larger retailers, such as supermarkets, offer a 'cash back' service when paying your shopping bill with a debit card. Stopping cheques and other cheque issues Stopping a cheque If you think you made a mistake, for example you wrote the wrong name on your cheque, or you lost it, you can ask your bank to cancel it.
Ways to deposit a cheque Branch You will still be able to pay in a cheque at a branch or cheque deposit machine as you do today. Payable to: In the line headed 'Pay' write the name of the company or the person who is receiving the cheque.
Check with your branch for details. You can post date your cheque by writing a date in the future, this will prevent the recipient from cashing it until that date. If space remains put a line through the space. Check these against your statement and report any problems to the bank straight away.
When you present your cheque with the card to a retailer, the retailer will write the card number on the back of the cheque. Keep the cheque stub that contains the details and reference.
For this reason, they do not bounce because of a lack of funds.