As we all know, cheques normally take up to 3 business days to clear. This can impact your personal or business’ cash flow, especially when you require cash-in-hand to pay off urgent bills, etc. Time is precious, so paying a bill today and not later could reduce interest charges, and this saves you money. For cheque cashing, we basically remit cash to the individual in advance. Although the cheque may need some time to clear through the conventional banking system.