Thursday, February 18, 2010

How long does it take for a check to clear after writing it to foodlion we just started direct deposit at work

and pay day is now 2 days later, and i am on empty and have no food for me or my dogs what should I do????How long does it take for a check to clear after writing it to foodlion we just started direct deposit at work
Recently, banking legislation has changed. Checks are no longer sent from bank to bank. They are transmitted electronically. So, as soon as Food Lion deposits it at their bank, it is as good as cashed. The days of checks floating are gone. If you need a couple of days, it is best to write checks on Friday evening, as it will be Monday before banks process the weekend deposits.How long does it take for a check to clear after writing it to foodlion we just started direct deposit at work
The answer really depends on what bank you use and what bank the store uses. If the store uses the same bank as you, then the check would likely hit your account the next business day. If it's a different bank than it might take 2-3 business days. But even if they use a different bank, I would count on a check written on Tuesday hitting your account either Thursday or Friday.
for aver

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