Ans:
Let’s suppose the deposited cheque’s bank is the same, but bank branches are different, then the deposited cheque must go for clearing and is not a transfer cheque. This process normally takes 3 to 7 working days. If you drop the cheque to be deposited to your account before 11 am, the deposited cheque goes for clearing the same day. If you use dropbox any later, the deposited cheque goes for clearing the next working day.