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How long does it take cash to reach your Bank Account? Is it instant or same as cheques?

I need to pay Direct Debit, but I don’t have money in my bank account. I only have cash at home. If I cash money in at my local HSBC branch tomorrow will the money transfer instantly? So will it pay my Direct Debit due on the same day? Or does it take 2/3 days to transfer like cheques?

Please help! Simple question! 10 points for first correct answer! Thanks!!

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5 Responses to “How long does it take cash to reach your Bank Account? Is it instant or same as cheques?”

  1. princess catherine said:

    I work in a bank – if you pay in cash they funds are available that day, you dont need to wait like when you pay a cheque in

  2. lisagrndy said:

    if you put the cash in early enough you should be ok if not it will cost you £35.00 sorry.
    yes the money goes in straight away but you may be too late for getting the direct debit paid

  3. Mary H said:

    Instant.

  4. STEVEN F said:

    Cash credits to your account is ia available for debit the same business day. If you may the deposit late in the day, SOME banks will be processing on the next business day.

  5. sasil85 said:

    In the USA it is available same day. Don’t know about England though.




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