Originally Posted by Insomnia
My bank likes to sit on EVERYTHING for five days. Literally EVERYTHING. But mysteriously, they like to add it to the balance of my account, so I check online and think "Great, that money is in my account" but no. And then they fine me. I have learnt to just leave it a week now.
If you are desperate, call your bank and ask for an extension of your overdraft, interest free, til the cheque clears.
Another thing I have a gripe about money transfers person-to-person online is that it often slaps a small fee if it's between two different bank chains.
Have you heard of MoneyExchange? It lets account holders send and receive money online. All transfers are free.