I apologise if this is not on-topic for this group.
I wonder if someone can give a general answer to this question.
Based on your knowledge of the banking system, if you write a cheque out on a Friday and the person banks the cheque that day, when would the cheque normally be presented to your bank for the funds to be paid (ie when would the money normally be debited from your account)? If it helps the other persons bank is the Co-operative Bank and mine is the Halifax.
The reason for asking - I wrote a cheque out for my rent on Friday, which was banked that day and borrowed the money to pay into my branch today (Monday) to cover the funds only to find that my branch was closed today because the counter is being refitted. The branch re-opens tomorrow so the money will be paid in then but... will the cheque have been presented by then and I'll have a bouncing cheque? I'm hoping that it will be presented on Wednesday so that all will be well.
Can anyone put my mind at ease or otherwise?
Either way, thanks in advance.
Rob To reply by e-mail REMOVE the obvious!