i have a saving account in syndicate bank.4days back another banks cheque has been deposited to my account.but after 4 days i looking the statement,and it has minus(-)balanceIf an cheque has deposited by another bank,but its nClarenceced why?
That could mean a couple of things. The check could be bad or waiting for funds deposited in that account, or it could just mean that your account is still waiting for the check to be honored by the drafting bank. Sometimes, funds can take a week to clear depending on the affiliation of the different banks. If you are worried about it, contact your bank and find out why it hasn't cleared.
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