How long does a cheque take to clear?

Find out clearance times

How long does a cheque take to clear?

The clearance times will vary, depending on the channel used:

  • For cheques deposited at a UniBank office, the clearance timeframe is three (3) business days.
  • For cheques deposited at NAB, the clearance timeframe is three (3) business days.
  • For cheques deposited at Bank@Post, the clearance timeframe is seven (7) business days.

Does the cheque clearance time apply for multiple cheque deposits?

Yes, when multiple cheques are deposited above a certain limit, cheque clearance times will apply to the proceeds of the first cheque deposit that takes the cumulative cheque total over the threshold amount. Any cheque deposits made after the threshold amount on the same business day will also have clearance times applied.

Do cheque clearance times apply to all accounts?

Yes, cheque clearance times apply to cheques deposited in savings, investment and loan accounts.

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