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Impatient

  • 16-01-2024 11:38am
    #1
    Seanachai
    Registered Users, Registered Users 2 Posts: 2,547 ✭✭✭


    Am I being impatient expecting a BOI cheque to have cleared to my AIB account by now when it was lodged on Sat?



Comments

  • #2
    L1011
    Registered Users, Registered Users 2 Posts: 71,184 ✭✭✭✭L1011


    https://www.boards.ie/discussion/2058331568/impatient

    Yes. Only one working day has passed



  • #3
    Kimbot
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 18,809 Mod ✭✭✭✭Kimbot


    it takes around 3 working days for a cheque to clear. If it was BOI to BOI it would clear instant or even AIB to AIB etc.



  • #4
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,606 Mod ✭✭✭✭Jim2007


    https://www.boards.ie/discussion/2058331568/impatient

    Cheques are not electronic transactions. When you lodge a cheque from one bank at another it, it has to be "presented" at the other bank for payment. So it is partially a manual process and may take a couple of days to go through the process end to end. Depending on the client and the cheque, so banks may give you credit for it before it is actually fully processed.



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