I lodged a cheque via ATM last friday at around 4pm, the balance appeared immediately in the account however I realise I cannot access the funds until the cheque clears, my question is this, what is the absolute latest the funds will be accessible? will it be Friday or potentially Monday?
Welcome to Boards, and thanks for your post.
As you lodged your cheque at the close of business on Friday, it may not have been sent for clearing until Monday.
It takes 3 - 5 full business days to clear on your account. You can check it on Friday, however the earliest we'd expect it to clear would be the following Monday.
Please let us know if we can help with anything else.