Allowing money to clear

The funds received from electronic deposits, such as Faster Payment, Bacs and CHAPS will be available for use as soon as they’ve arrived in your account. You can check if the payment’s arrived using our online banking service, Santander Connect (fees may apply).

You’ll earn interest on any electronic deposit from the day we receive it. Please see your Terms and Conditions for more information.

Information on cheque clearance timescales can be found on our cheque deposits page.

The table below shows you the clearance times of your funds depending on the instruction you’ve given.

For other types of transaction, such as payments by card, the funds may not be debited from your account until the next working day.

Please make sure there’s enough money in your account to cover any payments or charges due the next day.

_{⁵Both the sending account and the destination account must be part of the Faster Payments scheme for your payment to go faster.}

We’re a member of the Bacs Payments Scheme. That means you can collect bulk payments into your account if you’re eligible. This is known as Bacs Direct Debit sponsorship. Direct Debiting can be an effective way to collect payments from your clients (both businesses and individuals). If you’re interested in using this service, please talk to your Relationship Team. This service is available subject to full vetting criteria being fulfilled.