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Why does a bank hold a out of state check for 2 days then release it.?
Terrico12
To make sure the check will clear (that the account has enough funds) the out of state bank before they release the funds for you to use.
Wiki User
∙ 16y ago
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How long does a cheque take to clear at chase bank?
It depends on the type of check you are depositing at chase bank and also the bank from where your check was issued. a. If it is a chase bank check from the local city/state - same day or next day (Max) b. If it is a chase bank check from other state - next day (Max) c. If it is a different bank check from the local city/state - 2 to 3 business days d. If it is a different bank check from other state - 3 to 5 business days
If you deposit a check into your account do you have automatic access to the money today?
It depends: Yes - If it is a check from the same bank that you have an account with and it is from the same city/state No - If the check is from a different bank or different state/city the money takes usually 2-5 days to reach your account
How many days before a check clears the bank?
It depends on where the check is from. Usually three business days but if the check is from another country or an unknown bank, it may take longer.
If I write a check from a chase acct and it is deposited into a Bank of America acct on a Saturday when should you expect that check to clear?
Usually checks take 2-3 business days to clear if both the bank branches under consideration are from the same city/state. So for ex. You put a check from your chase New York account to your Bank of America New York account, you should get the money in your BoA account within 3 days. But, if the check is from another state, then it might take an extra 1 or 2 days. Totally within 5 working days you can expect money to reach your account.
How many days holiday in iob bank?
how many days holiday in state bank of india tamiltadu
How long is a bank check valid?
A check that is older than 90 days (or 180 days depending on the Country) is considered a stale or expired check. It is worthless and carries no value. You cannot cash such a check. Since the check is expired, the check issuing bank will not pay for it.
How long are bank cheques valid for?
A check that is older than 90 days (or 180 days depending on the Country) is considered a stale or expired check. It is worthless and carries no value. You cannot cash such a check. Since the check is expired, the check issuing bank will not pay for it.
Where can you cash an irs refund check over 30 days old with no bank account?
Where to cash a check thirty days old
Can you cash a check from the bank that the person who issued the check it to you without opening an account?
I am receiving a check from a lawyer and it has been in his account for ten days can I cash it at the bank he has the account at
How long does it take for a business check to clear?
Usually checks take 2-3 business days to clear if both the bank branches under consideration are from the same city/state. So for ex. You put a check from your chase New York account to your Bank of America New York account, you should get the money in your BoA account within 3 days. But, if the check is from another state, then it might take an extra 1 or 2 days. Totally within 5 working days you can expect money to reach your account. If it is an international check it might take much longer than 5 days
How long does it take for a check to get to your bank?
3-5 working days
How long is a bank allowed to process a check?
2 business days
