In article ,
Andy Hall writes:
On Sun, 7 Aug 2005 08:23:39 +0100, "Mick"
wrote:

If a cheque I paid someone for goods was banked, on a Saturday morning in
one of the main name banks in the UK, when should it have cleared by
enabling the goods to be sent?

I am trying to find why the goods have not been received,

According to how the banks say that the system works, it would be the
following Wednesday or Thursday. They claim three working days for
cheque clearance. However, Saturday is not really a working day and
IIRC, business from it goes into Monday's business for counting and
processing purposes.

There is no longer any irrevocable cheque clearance date.
This came up on Radio 4's Moneybox a few months back.
If the funds on which the cheque was drawn turn out to be
stolen, fraudulent, laundered, or whatever, you can find
the cheque being bounced 6 months later, and people have.
This makes cheques pretty useless nowadays.

--
Andrew Gabriel