Bank account holders who have paid a cheque into their account will benefit from faster withdrawal times and more interest from 30 November. The problem of cheques never clearing was first exposed by the BBC Moneybox programme a few years ago and since then, the Office of Fair Trading has been putting pressure on the [...]

More: Cheques to clear faster

Thats a great news. I had a lot of problem due to banks not approving checque in quick time. Now i guess it is going to be solved