Thread: Major changes to how banks clear checks
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Old 08-05-2004, 10:05 PM  
speakthetruth
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Join Date: Jul 2004
Posts: 400
Quote:
Originally posted by KRL
Does that also mean when we deposit 6 figure and up checks they don't get to play the bank's scammy float game where they put a 7 business day hold until funds clear?

Let's see if that stops too. And if not what bs excuse they'll use to play with your funds for 7 days.
If they are placing a hold on your 6 figure checks you do not have enough $ in the bank. Banking is about relationships, and how much $ you have in the bank. If my bank told me they were placing a hold on any check I would close my account right then and there.
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