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What is the cheque clearing cycle for Cash Card accounts and how long does it take?

When you pay a cheque into your account it has to be sent to the drawer's bank for payment; for that bank to decide if it will honour the cheque. It may not honour it if, for example, the person who gave you the cheque hasn't enough money in their account.  This process is known as the central cheque clearing cycle and normally takes three working days.  We also need to allow extra days for an unpaid cheque to be returned.

The chart below will help you understand when cash and cheques paid into your account become available for withdrawal although this does not necessarily mean the cheque has been paid by the bank on which it is drawn. The chart also shows when you can be certain that the funds will not be reclaimed from your account as a result of the cheque being returned unpaid. (See the reference to unpaid cheques below.)

 

Day paid in
Available to withdraw at a cash machine (after 1am) or any Barclays branchCertainty of funds
Cash paid in at  any Barclays branch
0 (e.g. Monday)
Immediately

Immediately

Cheque paid in at any Barclays branch
0 (e.g. Monday)
Day 4 (e.g. Friday)

Close of Day 6
(e.g. Tuesday)*

*funds will not be debited from your account as a result of the cheque being returned unpaid later than this day.  As  Barclays processes payments overnight, you will know at the start of business on Day 7 whether or not the cheque has been paid.

This chart applies to sterling cheques drawn and deposited in the UK.

Note: many branches have a cut-off time, after which cheques paid in are processed the following working day.  Cut-off times are available in branches.

The days refer to working days, which are Monday to Friday (excluding Bank Holidays).  Please note that days which are only bank holidays in Scotland are treated as working days for cheque clearing purposes throughout the UK.   However, for cheques deposited in Northern Ireland, days which are bank holidays in Northern Ireland are not treated as working days.

Available funds can be withdrawn on a Saturday, either from branches which are open or from cash machines.

Unpaid Cheques

If a cheque is returned unpaid, the value of it will be debited from your account even if you have withdrawn the money in the meantime. However, you can be certain that an unpaid cheque will not be debited from your account later than 6 working days after deposit without your permission or unless there is a suspicion that a fraud has been committed.  Therefore, from Day 0 when you pay in a cheque, the bank on which it is drawn has the following 6 working days to be able to return it unpaid.

Building Society cheques are treated like any other cheque and take the same amount of time to clear. They can also be returned unpaid for a variety of reasons.

If you pay in cash or cheques at another bank to your Barclays account (e.g. on a Monday), the timetable commences from the day that the credit is in your account.  Ordinarily, and in this example, this will be on Wednesday.  In these instances, the funds are available to withdraw on the following Monday.  Funds will not be debited from your account as a result of a cheque being returned unpaid later than the following Thursday.

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Barclays Bank PLC. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 122702). Barclays Bank PLC subscribes to the Lending Code which is monitored and enforced by the Lending Standards Board. Further details can be found at www.lendingstandardsboard.org.uk. Barclays Insurance Services Company Limited is authorised and regulated by the Financial Conduct Authority (Financial Services Register number: 312078).

Barclays Bank PLC. Registered in England. Registered no. 1026167. Barclays Insurance Services Company Limited. Registered in England. Registered no. 973765. Registered office for both: 1 Churchill Place, London E14 5HP. 'The Woolwich' and 'Woolwich' are trademarks and trading names of Barclays Bank PLC. Barclays Business is a trading name of Barclays Bank PLC.

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