Thursday, February 18, 2010

How long does it take for a check to clear for apartment rent?

Usually 3 days after the landlord makes the deposit.How long does it take for a check to clear for apartment rent?
A check can take as long as 10 days to clear. But, it can clear in as little as one day. They actually can clear them electronically by scanning them. It used to be that a check had to actually go back to the check writer's bank for the bank to transfer the funds into the recipient's account in order to clear.How long does it take for a check to clear for apartment rent?
Check clearing (regardless of reason) can take as little as one business day.
If it's local, a couple of days. If it's not, it should be back within 10 days or so.
About one week day.

No comments:

Post a Comment