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Old 20-11-2010, 09:24   #4
jaysay
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Re: cheque clearance

Quote:
Originally Posted by entwisi View Post
Most banks now will let you draw against it on the understanding that they can claw it back if it bounces. The actual mechanics of it are convoluted based on pieces of paper winging their way around the country.
Thought they had tried to cut down on the time it takes for a cheque to clear entwisi
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