Cheques getting faster?

So I had to cash in a cheque the other day courtesy of HMRC tax refund :grin:, I put this in my joint account nationwide, and was shocked (in a good way) that it took 2 working days and money hit the account are cheques just quicker to process these days lol? Can tell I don’t do much with cheques these days :wink:

Congratulations! I pray for the day I get a cheque from HMRC!

I definitely think processing has gotten quicker in general, but 2 days sounds really good :smiley:

Yes.

https://www.nationwide.co.uk/support/support-articles/services/cheque-imaging

It was a shock normally they say I owe tax lol! Nice surprise though :slight_smile:

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Ah ok that makes sense thanks for sharing :smiley:

I put a cheque into my Santander account a few weeks ago and it was reflected on my account in app immediately.

Depending how much the bank trusts you and how legitimate the cheque looks they will credit you the money in advance before the cheque has officially cleared.