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I assume this is a US banking question? The bank will without question place the check on an "extended hold" which can be anything from 7-14 days normally and up to 30 days in the extreme. The primary goal being to make sure the amount clears and that it does not get reported back after clearing as a fraudulent check.
I would caution you if this was a "to good to be true" check, as even if the check clears the bank will come after you if it comes back fraud down the road. It is a common check fraud to give someone a check and then have some reason that your asked to send them back some funds. This can be as a "funding fee" if it was an investment or a "refund" for them sending you too much money to purchase something.
Often these checks are wrote on business checks and using banking information that was stolen from Computer Viruses and other means. A large corporation can spot these bad checks quickly, while a smaller may not notice so fast. I would suggest calling the bank the check is wrote from to make sure its real and good before you deposit it.
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