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To know how long it takes to cash in premium bonds, you need to know about the investment process. Such national savings bonds allow you to invest with a minimum amount of £25 and you may keep buying where the maximum held is up to the level of £50,000.
For every £1 invested, you get a bond number that offers the chance to win a prize. It takes a full month before the premium bonds cash in through the monthly draw.
In such investments, the official procedure may require not more than 8 days plus it may require the number of days it takes to clear the bank formalities and the postal procedures .
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