Using An Account

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Using An Account

Sascha Hutchinson (Banking Expert) gives expert video advice on: How do I withdraw money?; How long will it take for money Ive spent to come out of my account?; How do I deposit money? and more...

How long will it take for money Ive spent to come out of my account?

How long it takes for money you've spent to come out of your account depends on how it was withdrawn. If you withdraw money from an ATM, that money should come out instantly, but bills and standing orders might take longer.

How long will it take for money Ive deposited to show in my account?

How long it takes for that money that you've deposited to show up on your statement depends how you deposited it. Cash deposited over the counter will generally show immediately but cheques will take a lot longer to clear.

How long will it take for money Ive transferred to come out of my account?

Generally speaking, it takes three to five days for the money to be transferred from your account into the person's account that you're sending the money to.