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Old 04-18-2006, 07:04 AM   #1
Juicy D. Links
So Fucking Banned
 
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Posts: 122,992
Why would there be a 2 WEEK HOLD on a check???

they cleared first 100 bucks , why would it be held up till May 1?
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Old 04-18-2006, 07:10 AM   #2
NY_TIM
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Location: Long Island, NY
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Quote:
Originally Posted by Juicy D. Links
they cleared first 100 bucks , why would it be held up till May 1?

If its over 5$ my bank puts a 11 day hold on it. They clear a small amount right away and then another bigger amount in 3 days and the rest in 11 days
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Old 04-18-2006, 07:12 AM   #3
Nicky
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here in sweden the fuckers hold for 4 weeks, ive switched to wire or epass for all my sponsors and im very happy with that.
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Old 04-18-2006, 07:14 AM   #4
Phoenix
BACON BACON BACON
 
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Location: Poems everybody, the laddie fancies himself a poet
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they can do it if they want....usually your bank knows you a bit and they dont though....the tellers here all know me...i make sure im super friendly happy guy at the bank
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Old 04-18-2006, 07:15 AM   #5
cool1
sex is good
 
Join Date: Sep 2001
Location: Carman, MB Canada
Posts: 24,939
6 day hold here for me, with nothing released until the cheque clears
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Old 04-18-2006, 07:16 AM   #6
WhoGivesaShit
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is this the first time you have tried to cash a check????????????
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Old 04-18-2006, 07:20 AM   #7
seeric
..........
 
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cuz they suck a big fat one. in those situations, i'll take the check to the issuers bank and pop it. no one holds my money for 14 days.
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Old 04-18-2006, 07:20 AM   #8
G-Rotica
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My bank has never held funds on me.
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Old 04-18-2006, 08:29 AM   #9
JenniDahling
Market Penetration Specialist
 
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Location: Out of my Suitcases
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it must've been a pretty nice check
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Old 04-18-2006, 08:34 AM   #10
OG LennyT
Wall Street Pimp
 
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Quote:
Originally Posted by A1R3K
cuz they suck a big fat one. in those situations, i'll take the check to the issuers bank and pop it. no one holds my money for 14 days.
what he said
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Old 04-18-2006, 08:36 AM   #11
gooddomains
Too lazy to set a custom title
 
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Location: Netherlands
Posts: 10,127
banks are idiots
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Old 04-18-2006, 08:45 AM   #12
JFK
FUBAR the ORIGINATOR
 
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It is done to prevent fraud
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Old 04-18-2006, 08:53 AM   #13
rowan
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Join Date: Mar 2002
Location: Australia
Posts: 17,393
Are you a regular? Have a chat with your manager.

I've gone from paying $AUD35 per cheque with 5-6 weeks clearance (since USD is a foreign currency here) to $AUD15 for an unlimited number of cheques in the same deposit, converted and cleared on the spot - even if it's several thousand dollars. It took a year or two to get there but you can't really do much better than that.
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