Wonder how does the cheque get cleared? In this we will help you understand this process which we use to establish whether the payment made by cheque could be honored.
| You deposit at a Seylan Bank Branch- cut off times | Account Credit | |
|---|---|---|
| Seylan Cheque |
Over the Counter upto 3.00pm Cheque Deposit Machines (CDM) – available 24*7*365, collecting times are given below; Same day clearing Upto – 4.00pm |
Within the day during intervals. |
| Other Bank Cheque |
Over the Counter upto 3.00pm Cheque Deposit Machines (CDM) – available 24*7*365, collecting times are given below; Same day normal clearing Upto – 4.00pm |
Next working day by 2.00pm |
***However the above account crediting cutoff times are applicable provided that the cheque is being honored by the paying bank.
