How soon can I withdraw against a cheque investment?
You will need to leave 6 working days before making a withdrawal against a cheque payment. For example, taking the case of a cheque paid on a Monday: Day 0, Monday Customer Pays in cheque Day 2, Wednesday Credit interest payable Day 6, Tuesday Assuming the cheque has not bounced, you’ll be able to withdraw the money from your account by the end of the business day.