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A cheque can't clear in stages can it? I'm very confused

27 replies

FlorenceKettle · 23/05/2019 22:26

So I paid a cheque in to my account 2 days ago for £101. Hasn’t cleared yet as not reflected in my balance.

Yesterday I was £450 in credit. Cheque not cleared. I then randomly checked my account last night and I was £480 in credit. Nothing paid in. Just my balance had changed. I couldn’t work out where a random £30 had come from.

Today My husband transferred me £620 for various things.. I did some shopping bits and had a balance of £1020. Cheque still not cleared

I have just checked account now and balance is £1080. Again, nothing paid in. Nothing showing. Just my balance has changed.

Can this bloody cheque for £101 be clearing in stages? It can’t can it?!

It literally is just my balance that is changing. There are no 'in' payments. £30 last night and £60 an hour ago.

So, what is this? Can a cheque clear in stages?! I know it can't of course but I don't understand.

Tried calling the bank but the advisor I got through to didn't really understand what I was saying.

OP posts:
ElizaPancakes · 23/05/2019 23:43

@ourkidmolly that's always what the case was when I was working for bank complaints Confused. Not trying to be snippy but I can't find reference to this - can you pinpoint where it's illegal? I've just looked up my banks' T&C and it doesn't say they do but it also doesn't say they don't! Surprised to learn however that some cheques will clear immediately - haven't used one for so long I thought they all took ages!

FlorenceKettle · 24/05/2019 09:04

Mystery solved!

Spoke to bank. When you deposit a cheque, they immediately give you access to up to £100 of it. So this cheque is due to clear on Tuesday but they've allowed the majority of the funds

Well ... learn something new every day eh?

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