The process of manual fund transfer takes time as there are multiple manual steps involved. The RESERVE Bank of India (RBI) is the apex bank in India and has stipulated the maximum time for a fund transfer by check. All local checks must be cleared within 3 working DAYS. Outstation checks can take a maximum of 7,10 or 14 days depending on the location of the bank.

This means that the time to en-cash an outstation check in a remote location can be a maximum of 14 days. Also, there is a possibility that the check can be lost in transit from one bank to ANOTHER, in which case the check must be re-issued. Further, some banks charge a service fee for outstation checks to cover INCIDENTAL expenses to manually transfer the check.

The process of manual fund transfer takes time as there are multiple manual steps involved. The Reserve Bank of India (RBI) is the apex bank in India and has stipulated the maximum time for a fund transfer by check. All local checks must be cleared within 3 working days. Outstation checks can take a maximum of 7,10 or 14 days depending on the location of the bank.

This means that the time to en-cash an outstation check in a remote location can be a maximum of 14 days. Also, there is a possibility that the check can be lost in transit from one bank to another, in which case the check must be re-issued. Further, some banks charge a service fee for outstation checks to cover incidental expenses to manually transfer the check.