Monday, February 22, 2010

How long should it take a 15,000 check to clear?

I bank at UBOC if that means anything.How long should it take a 15,000 check to clear?
A bank can place an extended hold on checks over $5,000 so you should speak to your bank about when the funds would be available. But, just because the funds become available to you, does not mean the check was good. The government regulates when the funds become available, which is why the bank has the option of placing an extended hold.





Contact your bank.

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