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Q: What is the highest amount on a check that can deposited at one time?
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What is check kiting?

This is where 2 people play off on the waiting period for checks and deposits to go into banks. It's not as doable as it used to be as a lot of times money is electronically deposited in 1 to 2 days. Here's how it used to work: My bank takes 3 days to deposit a check (and your bank does the same with checks), and I need to write a check but neither you nor I have the cash, so you write me a check for the amount I need, I write the check for whatever. Then 2 days later I give you a check deposit for the amount you wrote me, 2 days later, I put cash into my account for the amount of the check - you've used the bank's money to pay something 4 to 5 days before you actually had any cash. It's illegal and no longer works - you might get one day out of it but the 4 - 7 days worth of time you wrongly used to get no longer is there.


What is the difference between multi city check and bearer check?

Mulitcity cheque is more advanced than ordinary cheque as multicity cheque can be deposited and given to any where iin india and takes less time for clearacnes where as ordinary cheque takes more time and come to mother bank branch for clearances.


What is HICR TERM on credit report?

Its the highest credit amount used at any one given point in time on your revolving credit product.


Can you resubmit a check that bounced?

Generally you may redeposit the check a second time. Unfortunately, many banks today automatically reprocess the check a second time, (because they want to create double the fees), before you even know it was deposited once. Check to see if the check is marked by a stamp on the check that it should not be redeposited. The good news is that you can always bring the check into the bank and try and cash the check manually! If there is not enough funds to cover you can come back another time. Many states impose stiff penalties for bad checks and you can often bring the check into the Attorney General's office and they will collect it for you (call first to make sure this is the correct office to bring it to). You even have another option (although very sneaky), ask the teller how far off the balance is from being able to cover the check, in other words if you are holding a $1,000 check and there is only $997 in the account, you would be allowed to make a deposit of $3 and then withdraw the full amount!!! Good luck.


Can you get a loan if you get ssi at ace cash express?

Yes, you can. The amount you get will vary depending on your monthly check. If it's your first time borrowing from Ace- they will give you a lower amount as well. After paying it off the first time, they will give you a bigger allowance.

Related questions

If jean deposited a check for 625 wrote two for 68.74 and 29.95. How has her account balance changed?

Jean's balance has decreased from $625 to $526.31. Each time she writes a check her balance will be offset by the exact amount of the check.


Bank policy for checks deposited over 5000?

All banks have different policies and different accounts. Most banks will have a hold time on a check for a large amount.


How long does it take for a check to clear?

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.


How come your rent rebate check was not direct deposited on July first?

There can be many reasons a rent rebate check was not deposited. The paperwork may not have been filed on time, there was a processing error with the bank or if mailed a delay in delivery. Follow up with the sender of the check to obtain a status update.


How come your rent rebate check wasn't direct deposited on July first?

There can be many reasons a rent rebate check was not deposited. The paperwork may not have been filed on time, there was a processing error with the bank or if mailed a delay in delivery. Follow up with the sender of the check to obtain a status update.


Why does it take that long for a cheque to clear?

In the USA, there is no centralized or even unified check clearing process; clearing time varies according to on which bank a check is issued and at what bank it is cashed or deposited.


What observations did you make as to how ice deposited sediments over time?

What observations did you make as to how ice deposited sediments over time


How long does it take for a check to deposit into a Wells Fargo account?

When one makes a deposit into a Wells Fargo account before the cut-off time on the current business day, the amount will be credited to the account on that same business day. If it was deposited after the cut-off, or on a non-business day, the amount will not be credited to the account until the next business day.


What is the maximum amount of time you take to check for a pulse?

20 seconds


Can you deposit an international check in your American bank account?

Sure you can. Check from any bank across the globe can be deposited anywhere else across the globe. The amount of time it takes to clear the check and receive the payment may depend on which country and which bank check you are depositing. But, irrespective of which country/bank it is, you should get the money in around 7 to 10 business days. If the bank you are depositing the check also has a branch in the country from where the check originates, the process may complete a few days earlier too.


What does cash held on deposit mean?

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!


Can I check someone else's bank account balance to see if it will cover the amount of the check that they paid me?

Yes, just call the bank of issue, tell the to verify funds for the amount of the check. I do this all the time.