answersLogoWhite

0

The bank must disclose to you upon opening your account their general availability policy. Any hold that goes beyond this general policy must be disclosed to you "within one banking day" according to government regulations upon receipt of your deposit. Most banks will tell you immediately, either verbally or on your receipt (or both).

User Avatar

Wiki User

14y ago

What else can I help you with?

Continue Learning about Accounting

Is it the responsibility of the bank teller to inform the customer if a check will be put on hold?

Is it up to the teller to tell account holder they are placing a hold on there check


What is the process for getting a bank money order?

Go into a bank and tell a teller that you would like a money order. Easy.


Difference between account balance to available balance?

Let's say you have $100 in your account. You deposit another $100. Sometimes the bank will "hold" your deposit until the check clears, or until the next business day if you deposited it after the teller was on the "next day" (such as after 3PM, etc.). In that case, your account balance will be $200, and your available balance (the amount you can actually use) will be only $100. Usually cash deposits go right to the "available" because they don't have to "clear." If you are in a rush and need money in your account right away, contact the head teller and tell them: 1. You want to deposit the money with a teller still working on today and 2. You'd like them to approve the funds as immediately available. Depending on your balance, if you ever bounced a check, how well they know you, the amount, etc. they will usually make some or all of it "available" which is the same as saying it goes into that balance. You can only cash a check or use an ATM for the available amount, not the account balance, and if you write a check, it will bounce if it is presented before the "available" amount reaches the amount of the check.


What is the memo line of a check for?

to tell the bank what the check is for


what does return reason -b.....uncollected funds hold- mean, if you have enough in your acct for the check, & you also pay for having "NO Checks returned"...please explain.....?

It means the returning bank knows what�??s wrong with a check, but is refusing to tell both the depositary bank and the payee.

Related Questions

Is it the responsibility of the bank teller to inform the customer if a check will be put on hold?

Is it up to the teller to tell account holder they are placing a hold on there check


How can you get the money out of the check if you dont have an account?

Go to the bank in person and walk up to the teller and tell the teller that you would like to cash in the check. it is that simple


What do you call a person who can tell about your future?

fortune teller


What are the release dates for Penn and Teller Tell a Lie - 2011?

Penn and Teller Tell a Lie - 2011 was released on: USA: 5 October 2011


Can your employer hold your check because they forgot to tell you about a state test?

no


How do you check your public bank account number?

You can either log in to online banking if you use it, or look at a check or deposit slip that you use to access your account via live teller. There's three sets of numbers on a check- it's usually the middle one! If you have none of these, just go to the bank and tell the teller your SSN and show your ID...


What would you do to be like a fortune teller?

tell fortunes


What do you call a person who tell Story?

A story-teller or a raconteur.


What song featuring Lil Wayne does Wayne sing the line Everybody wants a fortune teller to tell her Cause a fortune teller sees the future The future?

Fortune Teller by Mack Maine


What do you do after tell the fortune teller about Mario?

YOU get the cube to unlock the other door


Why is a bank teller called a 'teller'?

Teller, and tell as well, are based from an Old English word "tellan", which in turn came from Germanic background. Tellan originally meant "to reckon, calculate, count, consider or account. From that definition you can see where they got the name teller.


What are the responsibility of a engineer?

can you tell me