Find out how long it takes a check to clear/deposit depending on the financial institution, why a check may be on hold and ...
For example, the timeline may be longer for a mobile deposit than a deposit at a bank branch, Or the bank may hold the money longer if the amount of the check exceeds $5,000. The hold period ...
But before you point and shoot, beware of some potential pitfalls, especially where personal checks are concerned. Federal regulations dictate how long banks can hold checks before making the ...