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depends on who the check was written to....most of the time yes
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∙ 15y ago
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Time to cash a check?
The time required to cash a check is dependent on various factors like the bank issuing it, the city which the check issuing bank is present and the amount. Let us say your friend living in your city issues a check from a bank in which you have an account that too in the same branch, your check can get cleared the same day. But if the check is from a different bank in a different city it may take 2-3 business days to get the money.
What is the cut off time for Fed wire?
Below is a link to the fedwire transaction information. However, check with the bank you are wiring through because they may have an earlier cutoff time in order to ensure their transactions go through before the cutoff. http://www.frbservices.org/operations/fedwiretesting/fedwire_hours.html
What are benefits of an ATM card?
You can get cash and check your bank account at any time of day or night.
What is the purpose of bank overdraft?
Overdraft protection is an arrangement that allows the bank to honor a check for which the accountholder does not have enough funds. Bouncing the check costs both the bank and the accountholder time and money, and using an automatic line of credit is a less expensive and more convenient alternative.
Can you put a check in your bank account in a cash machine outside a bank?
Yes, I do it all the time. Just make sure you sign the check and put it in the right direction and it will automatically process your check and the money should be available as soon as you choose which account you would like your money to go into. However, it depends on your bank as well.
How does a check go through the banking process from the time it is written to the time it is reconciled with your bank statement?
The first step in the process of how a check goes through the banking process from the time it is written to the time it is reconciled with your bank statement is that the recipient lodges the check into their bank account. The bank then has to clear the check with the bank that the check is from, known as check clearing. This process can take a few days. The recipients' account is credited with the amount that the check was written for and the account of the person who wrote the check is debited for the same amount.
How many times a bounced cheque can be presented?
Every time you bounce a check a fee is charged by the bank and there may be an additional fee by the business/person chashing the check so you don't want that check to go through more than once. Usually after the first rejection by the bank a person or business may try a second time, but not a third.
What is the process a check goes through from the time its written to the time it is reconciled with your bank statement?
10 days if its an amount over 500 dollars
What kind of check do you sign twice?
Travellers checks are signed twice. Once when you purchase them from a bank or agent then the second time when you cash them.
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.
What is the procedure of bank for clearing Demand Draft?
This is a check that the bank will guarantee when issued. You will give the money to the bank ahead of time and then you can give the check to the person you owe.
What are the release dates for Second Time Around - 2004 I Big Bank Little Bank 1-11?
Second Time Around - 2004 I Big Bank Little Bank 1-11 was released on: USA: 3 January 2005
What happens if the check wrote to walmart is returned?
The check tries to process again. If the process the second time fails, it is officially bounced and most places refuse your checks. Your bank charges you a fee for the bouncing each time it does not go through. Telecheck will take their $25 fee from your account at random. "I had this happen my bank had my account on lock down when I was out of state because normally I don't travel, and since I was spending money in another state. I had a check out to wal*Mart and it didn't clear the first time due to this, but the second time it did. I then had a $25 return check fee drafted out of my bank account from Wal*Mart not Telecheck. I contacted my bank, and was able to reverse this payment, as returned check fees in all 50 states can not be paid by personal check or e-checks, they must be guaranteed monies...WU, Debit Card (Not Credit Card, even though some will take this), Money Order, Cashier's Check, and Traveler's Checks. They are not allowed to charge the $25 fee automatically, since under the agreement you only authorized them the face value of the check, no more." ---Kyle Daniels
Is there a time limit for cashing a certified check?
is there a money amout the bank will no cash on a certified check?
Time to cash a check?
The time required to cash a check is dependent on various factors like the bank issuing it, the city which the check issuing bank is present and the amount. Let us say your friend living in your city issues a check from a bank in which you have an account that too in the same branch, your check can get cleared the same day. But if the check is from a different bank in a different city it may take 2-3 business days to get the money.
How to stop a check that was allready deposit?
You can try calling your bank and ask them to stop the check immediately. If your bank has not yet processed the payment for the check, then the bank will be able to stop the transaction. However, if they have already passed on the payment to the target bank, unfortunately they cant help you because you issued the check and failed to notify the bank on time to stop the payment.
Does a refund check take time to clear?
Depends on YOUR relationship with the bank.
