if there is eg: a 5 day hold then the bank will hold it for the full 5 days, some banks will hold for anywhere from 3 to 5 business days no matter how much money is in the account already, especially if the cheque has been deposited by machine.
If you recently deposited a personal check into your account, the bank will let you use $100 immediately by law. Until the rest of it clears however, it may show up on your bank statement as a "memo debit" until the check clears. For example, you deposit a check for $800. $100 is made available to you right away, but $700 will appear as a memo debit. Once the check clears 3-11 days later, that amount will disappear from your Pending debits and you will have access to the full amount of the check.
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.
Reckless - 2014 When the Smoke Clears 1-8 was released on: USA: 2014
No. Because the check may "bounce", you have to wait until the bank clears the cheque and get the promised funds into your account. A cheque is a "promise" to pay, not a payment of actual money. In some countries (but not all) it is illegal to write a false check promise.
Dateline Mystery - 2009 When the Smoke Clears 1-5 was released on: USA: 23 October 2009
House of Payne - 2006 When the Smoke Clears 1-2 was released on: USA: 21 June 2006
I believe it means that you do not have access to the deposited funds until the bank "clears" it. Basically, even though you deposited x amount of money, you can't spend it until the bank decides to put it into your account. My bank account tells me "total amount delayed, available ##/##" and then gives a time when it'll be cleared. Hope I helped!
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SuperFetch - 2009 Dog Clears the Table Doggie Handy Man 1-15 was released on: USA: 28 November 2009
SuperFetch - 2009 Dog Clears the Table Doggie Handy Man 1-17 was released on: USA: 28 November 2009
After the Room Clears was created on 2007-01-30.
coughing clears your lungs sneezing clears your sinuses