Check and Credit Clearing Company

C&CCC manages the cheque clearing system in Great Britain.
It is used for cheques, bank drafts, warrants, travellers’ cheques, government payable orders, and postal orders.

Earn interest from day 2
Can be withdrawn day 4
Cannot be bounced after day 6. Imaged cheques clear next day
Mon to Fri
Bank opening hours

Cheques Use cases

Cheques are used for:

  • Utility bill payments.
  • Paying tradespeople.
  • Paying clubs, societies and charities.
  • Person to Person.
  • Paying trade suppliers.
  • Paying wages, salaries & employee expenses.
  • Refunds.

Operational details

The cheque and credit clearing process managed by the C&CCC is for sterling cheques and credits drawn on UK banks and paid into bank
accounts in Great Britain. It involves the exchange of items and settlement of payments for customers whose accounts are held either at different banks or at different branches of the same bank in Great
Britain. The term bank is used in this context to describe any bank or building society which offers customers a payment account facility. The cheque clearing operates to the 2-4-6 cheque clearing timescales, which give customers certainty on interest, withdrawal and fate.

The clearing does not operate on Saturdays, Sundays and bank holidays as settlement across Bank of England accounts can only take place Monday to Friday.

Most UK banks now use cheque imaging, which allows cheques to clear faster – by 23:59 the next weekday (except bank holidays)