post dating

[keithward]

i paid cash into my account by payin slip, i was then unable to access my money or even see the cash on my online bankin. i then noticed that the bank had post dated my payin slip by 4 days!!! is this legal?

[boxtops]

If it's been paid in over the bank holiday, then yes this could happen since the Banks didn't work last Friday or yesterday, so the credit may not go into your account straight away. However I would check with them, since cash doesn't have to clear - unless you paid in after 3.30, cash usually goes in (in my bank) on the day I paid it in.

[kinell]

beware composite pay-ins

if you have cash and a cheque to pay in make out a seperate pay in slip

my bank only processes cash only slips as cleared immediate funds

[dzug2]

The bank do not copy the date from the paying in slip - they just use the date they process it.

Whether it was a mistake not to process it for 4 days or because you paid it in too late in the day is another matter - but in neither case is it illegal.

[sue11]

Cash paid in this way normally clears into your account within a couple of hours, but as boxtops said it sounds as though you may have missed the deadline on the day before a bank holiday?
If you miss the cut off time, your statement will normally show the amount paid in on the next working day, if that is over a bank holiday, then the next working day will not be until they reopen after the holiday, ie in the case of these recent bank holidays, a delay of 4 days.
As kinell says, never pay in cash and cheques on the same paying in slip as it all gets processed overnight and therefore the cash payment will not show until the next working day.

[screien]

thanks post.I have learing.