I hate cheques - really I do. I got a cheque yesterday from a a part of the Royal Bank of Scotland group plc. I went to pay it into my Royal Bank of Scotland account today and was told that it would take 5 working days to clear (not including the day of deposit).
Does a week sound a little excessive to move money from one RBoS account to another? It does to me. Or are they worried that some parts of their company might not be financially secure enough to honour a cheque for £60?