What advice would you offer to customers who are inconvenienced by the time taken to access cheque funds?
Customers should ensure that they have an account which best suits their needs. If quicker access to cheque funds is important, they should shop around for an account which offers more favourable terms. Some accounts allow early access to funds from cheques, possibly as early as day one of the clearing cycle. However, customers should be aware that if a cheque were to be returned unpaid after funds have been withdrawn, then in most cases the bank would seek reimbursement from them.
