Thursday, February 18, 2010

How long for a check to clear?

I had to give my landlord a check but i wont have the funds available until thursday or friday. Im sure he put in in on saturday through his bank. I have washington mutual. I know the banks are closed tomorrow. do i stand a chance?How long for a check to clear?
Your check will bounce. The landlord will be hit with a 35 dollar fee by his bank. He is going to be angry. You now need to come up with the cash for rent plus the landlords 35. fee plus late charges and your bank is going to charge you a bounced check fee.


All you had to do was ask the landlord to hold the check till Saturday.How long for a check to clear?
If he deposited the check on Sat, it probably went through today. Just go online and check. You can sign up with your bank's website and have access to your bank account (view statements, transfer money and all that) online.
If your landlord deposited at the same day. It will take about 1-2 business days to post your bank account. If he have the same bank what you have. It may post at the same business day.

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