Thursday, February 11, 2010

How long does it take a check to clear at the bank?

The bank said 5 days to clear, but is that 5 business days or 5regular days?How long does it take a check to clear at the bank?
5 business days u cant include weekends.How long does it take a check to clear at the bank?
It technically takes only 24 hours, as all banking is done electronically, and most transactions are processed in batch overnight. It could take another 24-48 hours for a bank to make sure a check is not going to be returned (bounce), so most banks will ask for three business days if you don't have funds in your account or a long account history. Five days is too long. After three you can likely go to the bank and withdraw funds on the deposit.
5 business days. . . .
it is 5 business days, meaning monday through friday.


Sat %26amp; sun do not count as business days.
If it is a same bank it would take 1 hr max .if local bank with in city different bank ,it would take 2 to 3 working day max . if it is a outstation (other city )local bank it would take 7 working days.

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