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**souledgar** · 10-12-2007, 11:45 AM

First, time to say this is my first post in SGClub forums, so hi all.

Ok on to the topic. I've just handled my first cheque (my parents handled all previous ones), and i've got a question thats been burning ever since i put it in the quick cheque deposit.

1: how long does a cheque take to get processed? its over 4 days liao in my case
2: what does a bank mean when it says "Hold Balance for : X Days - $###". If it means it holds the money for the X days it states on the ATM, its been over 48 hours since it said "1 day - $###" and i havent got the money available. Right now its the 4th day (put it in on thurs, its monday now) and it tells me its still being held of 1/2 a day.

thats it i guess? the bank in question is POSB/DBS. If i seem impatient its cuz i need the money urgently for everyday meals and stuff.

10-12-2007, 11:45 AM	#1 (permalink)
souledgar Registered Members Join Date: Dec 2007 Posts: 16 iTrader: (0) Gender: Zodiac Sign: Country: Location: Geylang SGC$: 34.50 Bank: 0.00 Total SGC$: 34.50	Question! Bank "days" First, time to say this is my first post in SGClub forums, so hi all. Ok on to the topic. I've just handled my first cheque (my parents handled all previous ones), and i've got a question thats been burning ever since i put it in the quick cheque deposit. 1: how long does a cheque take to get processed? its over 4 days liao in my case 2: what does a bank mean when it says "Hold Balance for : X Days - $###". If it means it holds the money for the X days it states on the ATM, its been over 48 hours since it said "1 day - $###" and i havent got the money available. Right now its the 4th day (put it in on thurs, its monday now) and it tells me its still being held of 1/2 a day. thats it i guess? the bank in question is POSB/DBS. If i seem impatient its cuz i need the money urgently for everyday meals and stuff.