Echeque question

MrsSmith22
Contributor
Contributor

Hi everyone I received and Echeque for the first time this week for a fairly substantial amount. We are in the UK btw. It’s sat in my account as received but in the pending section. It was only sent Tuesday night so I don’t expect to see any movement until the end of next week but I keep reading about estimated clearance dates and I haven’t got anything like that showing up. Is that a red flag or is that normal to not have that date? Thanks

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kernowlass
Esteemed Advisor
Esteemed Advisor

@MrsSmith22 

 

Clearance date is normally on the senders side as per link.

https://www.paypal.com/uk/smarthelp/article/why-has-my-payment-been-sent-as-an-echeque-faq962?app=se...

 

However as you said its estimated as its up to the senders banks processing times but allow 5-7 days.


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kernowlass
Esteemed Advisor
Esteemed Advisor

@MrsSmith22 

 

Clearance date is normally on the senders side as per link.

https://www.paypal.com/uk/smarthelp/article/why-has-my-payment-been-sent-as-an-echeque-faq962?app=se...

 

However as you said its estimated as its up to the senders banks processing times but allow 5-7 days.


Advice is voluntary.
Kudos / Solution appreciated.
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