Learn what substitute checks are and how they streamline banking operations. These copies, made legal by the Check 21 Act, offer faster check clearing.

Cheque Clearing Process In Banks: From 4 October 2025, there is going to be a revolutionary change in the process of cheque payment. Where earlier you had to wait for a day or two, now this work will ...

Knowing when money will be credited to your checking or savings account is key for financial planning. While some factors may delay the process, most checks clear within one to two business days.

"There are fewer people handling the check and that lessens the opportunity for loss, fraud and/or confusion in the check clearing process,'' he says. Although merchants have already begun back office ...