In today’s digital age, cheques are becoming less and less common. However, there are still some situations where cheques may be the preferred method of payment. So, does ASB Bank accept cheques?
Does ASB Bank accept New Zealand dollar cheques?
Yes, ASB Bank accepts New Zealand dollar cheques. You can deposit New Zealand dollar cheques into your ASB account at any ASB branch or through the ASB Mobile app.
Does ASB Bank accept foreign currency cheques?
ASB Bank will no longer accept foreign currency cheques from 31 March 2024. If you have any foreign currency cheques that you haven’t yet deposited, please make sure you do this before this cut-off date.
How long does it take for a cheque to clear?
It can take up to five business days for a cheque to clear. This means that the funds will not be available in your account immediately.
What are the fees for depositing a cheque?
There are no fees for depositing a New Zealand dollar cheque into your ASB account. However, there may be fees for depositing a foreign currency cheque.
What are the alternatives to using a cheque?
There are a number of alternatives to using a cheque, such as:
- Electronic payments: You can make electronic payments through online banking, mobile banking, or internet banking.
- Direct debits: You can set up a direct debit so that money is automatically deducted from your account on a regular basis.
- Credit or debit cards: You can use a credit or debit card to make purchases.
Cheques are still accepted by ASB Bank, but they are becoming less common. If you are looking for a more convenient and secure way to pay, you may want to consider using one of the alternatives listed above.