Improving Your Credit Rating

How long does a large check take to clear?


Top Answer
User Avatar
Wiki User
2012-08-14 07:32:52
2012-08-14 07:32:52

It depends on your bank and how long they think they can hold YOUR money before you get upset and close your account and move your money to another bank. Don't forget that Bank of America's CEO Brian Moynihan stated that his bank has a right to earn a profit. They are in business to make money, which they do off of your money. And to provide customers with timely service is somewhat of an afterthought these days. The longer they hold your money, the more they can make.


Related Questions

How long does it take to clear a change of amount of three thousand dollars.

The time it will take a check drawn on MCU to clear is about 10 days. It is usually before that time but that is the average time given.

how long does it take a western union speed pay by check take to clear bank account of payor

It is usually five working days for a cheque to clear.

The time it takes for Wells Fargo to clear a check depends on the history of the person who wrote the check, how much the check was written for and the time or the year the check was written.

As long as any other check unless there are money laundering issues, about 4 days.

This question is not clear. Why would a bank return a social security check?

As with any bank or financial institution, the amount of time it takes a cheque to clear depends on the amount of the check and what bank issued the check.

No time... Same as cash. The funds are collected by the bank when it is issued.

It typically takes between 3 and 5 business days for a check to clear PNC Bank. The actual times varies based on the amount of the check and the originating bank.

Just a few minutes if they do it electronically . If they send the actual paper check through the system, it may take as long as 10 days.

Depending on the institution, it may take anywhere from one business day to seven business days to clear a check. The usual time is 2-3 business days, but it may take more or less time to clear due to your bank's procedures and delays/ bank holidays.

Not usually. If it is taking that long, you may want to check for a problem.

Typically it will take take 2 business days for the funds to be withdrawn from the account on which the check is written, however it will take another 1-2 days before the funds become available in the account to which the check was deposited.

It generally takes 2-3 days from the time the check is deposited until the time it clears. This can vary from bank to bank.

Usually the Next day, so say, if you deposited a Check Today, it would show up on your Statement at 12 midnight, XD

It will take, on average, about 2 weeks for the discharge to clear after treatment.

It will take from 2 to 4 weeks for the herpes outbreak to clear.

In the desert of Texas, the sky can go from clear blue to a deluge of rain and flash flooding and then return to clear blue in less than an hour.

How long DO it take? Take a grammar class, and you should be clear by then.

how long does it take for MS Contin 30 mg to clear body to get a clear urine test

Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.