Why does it take 3 days to clear a Cheque?

Related questions

1. How do I deposit a check online ATB?
2. Can I deposit a Cheque at Westpac ATM?
3. Can I deposit a check at any bank?
4. Is it possible to deposit Cheque online?
5. Can I get a Cheque cleared quickly?
6. Do Cheques clear at midnight?
7. Can I cash a Cheque at the post office?
8. How long does a check take to clear?
9. Can a check clear in one day?
10. Can I withdraw money after depositing a check?

Tags

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2. #account
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4. #includes
5. #including
6. #uncleared
7. #remain
8. #clear
9. #business
10. #standard
11. #cheque
12. #cheques
13. #deposited
14. #deposit
15. #three