Hey Canadians, how long does it take for a U.S check to clear? - GoFuckYourself.com

tehHinjew · 03-13-2007, 08:15 PM

Just wondering after how long can you touch your checks you receive in U.S funds...
any one?
as for me its 15 working days.

Deputy Chief Command · 03-13-2007, 08:16 PM

15 working days times 2 .. divide that by four what do you get ?

30 / 4 is ? let me anwser that for you .. . 30 / 3 >> 10

but I asked 4

Doctor Dre · 03-13-2007, 08:17 PM

21 working days normally... they normally don't freeze mine anymore thought

Phoenix · 03-13-2007, 08:17 PM

for me it is no hold...but i have the same checks coming in and bank in person

they love me

Daymare · 03-13-2007, 08:18 PM

just ask your bank (once you've cashed/deposited for a couple of months) not to hold your US cheques. If they say no, then move to another bank. Both TD and RBC have no problems as long as you have a little history with USD.

hope that helps

Deputy Chief Command · 03-13-2007, 08:18 PM

it should be between 7,5 and 10 I think

15 / 2 >> 7.5

30 / 3 >> 10

does that be makin sense to you .. that a number game

CDSmith · 03-13-2007, 08:25 PM

None, My bank has always given me access to my US funds immediately.

But now that I think of it, my bank manager did once try to instill a 21-day hold on all my US cheques about 6 years ago, because she found out that income came from adult. I had a lawyer contact her and the next time I was at the bank she withdrew the hold and apolgized.

I've had no further nonsense with my US cheques ever since.

tehHinjew · 03-13-2007, 08:26 PM

Quote:

Originally Posted by Daymare

just ask your bank (once you've cashed/deposited for a couple of months) not to hold your US cheques. If they say no, then move to another bank. Both TD and RBC have no problems as long as you have a little history with USD.

hope that helps

thanks im with rbc and they dont hold my canadian checks so im sure after 2-3 more checks they will stop holding it

webgeek · 03-13-2007, 08:27 PM

national bank keeps them 30 days.

BOSS1 · 03-13-2007, 08:27 PM

you know you aint a baller if your checks get held

tehHinjew · 03-13-2007, 08:29 PM

Quote:

Originally Posted by BOSS1

you know you aint a baller if your checks get held

lol fo sho

but i didnt receive that many checks yet since i put my payment option to a higher number

BradM · 03-13-2007, 08:29 PM

No hold, instant clear. I make more than $100 a month tho.

CDSmith · 03-13-2007, 08:29 PM

Quote:

Originally Posted by webgeek

national bank keeps them 30 days.

That's the same bank I deal with. They have no hold at all on my US cheques. As in none.

Not even one day, not one minute.

So, you may want to have a talk with your branch manager.

RawAlex · 03-13-2007, 08:45 PM

For my bank it is immiediate credit, No hold, no issues. But I have done business with the same bank for a fairly long time, and I have only had a couple of bad affiliate payout checks in all of that time.

Good question: Are you cashing the checks personally or as a company?

jeffrey · 03-13-2007, 09:01 PM

I have no hold. But thats only because they know me and I have banked their for 10 years now.
I even put my US checks into the bank machine cause I often dont leave the house till they are closed, I just put 00.00 as the amount, and the next day the money is in my US account.

hershie · 03-13-2007, 09:21 PM

I cash my checks without hold, and take the US cash to ICICI Bank of Canada (www.icicibank.ca) and take out a term deposit that pays 5% for a 30 day term or higher for longer term.

bogo · 03-13-2007, 09:26 PM

RBC clears my checks faster than i could deposit them.

RichCashMike · 03-13-2007, 09:55 PM

A lot of banks will try and hold them for 30 business days if you have no history with them. They have all tried to tell me this is "standard"... HSBC, TD, RBC, CIBC. I have closed (corporate) accounts at 2 banks because of this. Stick with a bank that knows you and there should be no hold up to a certain amount. For me, this was CIBC.

2MuchMark · 03-13-2007, 10:01 PM

I'm with Bank of Montreal and they never hold any checks.

If you're a new customer to the bank, its normal for them to want to hold all checks for 15 to 30 days. But once you have been there a while and either trust you or you have lots of money or investments with the bank, they will clear all of your checks the same day no problem. When you're a good customer (you don't cost them any money or time), they love you and want to keep your business.

m

SmokeyTheBear · 03-13-2007, 10:05 PM

it always depends on the bank and its branches rules..

As mentioned , if your under 100k balance and new , you will prob get a 15-90 day hold. But all checks can be cleared instantly by the bank manager if you ask them, if they give you gruff , get a new bank.

the alchemist · 03-13-2007, 10:07 PM

No hold here but I remember BMO trying to freeze them for 30 days... I laughed and left.

stev0 · 03-13-2007, 10:53 PM

No hold... if you have a good relationship with your bank they shouldn't have a problem removing the limits.

stev0 · 03-13-2007, 10:59 PM

Quote:

Originally Posted by SmokeyTheBear

it always depends on the bank and its branches rules..

As mentioned , if your under 100k balance and new , you will prob get a 15-90 day hold. But all checks can be cleared instantly by the bank manager if you ask them, if they give you gruff , get a new bank.

The balance wouldn't matter.. if someone has a 100k balance and is cashing 150k worth of cheques the bank would still question it and likely put a hold on them. If someone is cashing $300 worth of cheques and has a $500 balance more banks would see that as an acceptable risk.

But it mainly depends on the relationship you have with your bank, whether they trust you, and if you've had any problems with cheques in the past.

ps. Unrelated, but why the hell is firefox 2 using the red underline everytime I spell cheque the proper way? lol... hell, it even thinks everytime is spelled wrong.

VeriSexy · 03-13-2007, 11:34 PM

Around 14 business days for me

tehHinjew · 03-14-2007, 04:30 AM

Quote:

Originally Posted by RawAlex

Good question: Are you cashing the checks personally or as a company?

personally... im thinking if i get a higher income of this, i should register a company

rowan · 03-14-2007, 04:35 AM

Quote:

Originally Posted by CDSmith

That's the same bank I deal with. They have no hold at all on my US cheques. As in none.

Not even one day, not one minute.

So, you may want to have a talk with your branch manager.

Same here - it's a little ironic that US dollar cheques get cleared faster than local Australian dollar ones.

cool1 · 03-14-2007, 04:40 AM

my credit union makes me wait 6 to 8 weeks

vidvicious · 03-14-2007, 06:01 AM

Depends if i Go to the teller or ATM .. 10 days for the atm

BuggyG · 03-14-2007, 06:22 AM

never get held
goes thru automatically on my business account

Cman · 03-14-2007, 06:25 AM

About 3 weeks with Scotiabank

WiredGuy · 03-14-2007, 10:29 AM

It can take up to 40 days between depositing a US check and getting the guarantee it won't bounce. Most banks will let your funds be available as fast as instantly to 30 days depending on your relationship and history with your bank.
WG

Mediachick · 03-14-2007, 10:31 AM

30 business days unless you're constant in your deposits. Im with Canada Trust, I usually never have a check held unless I deposit it in a different establishment then my own.

wyldblyss · 03-14-2007, 10:32 AM

Depends on where you bank and your history with the bank.

hershie · 03-14-2007, 10:57 AM

I had my first bounced cheque a couple of weeks ago (ARS switched banks) and my bank didn't charge any fee for the returned cheque except interest. I thought they would seriously ding me.

dready · 03-14-2007, 11:06 AM

31 days at CIBC is standard.

I have an agreement though and they don't hold anything, ever.

webgeek · 03-15-2007, 09:09 PM

Quote:

Originally Posted by CDSmith

That's the same bank I deal with. They have no hold at all on my US cheques. As in none.

Not even one day, not one minute.

So, you may want to have a talk with your branch manager.

you are right, I talked to my branch today, they'll not freeze it from now on.
Thanks

skillfull · 03-15-2007, 10:12 PM

21 business days with desjardins
asked to remove the hold after two years (it had never been a problem) and now no hold at all

donkevlar · 03-15-2007, 10:50 PM

Money Mart... I get the cash right away.

I think they take $2 and then 3%, which to me is better than a 2 week wait.

Evil E · 03-15-2007, 11:03 PM

Do all you have guys have us accounts?

CDSmith · 03-16-2007, 02:28 AM

Quote:

Originally Posted by webgeek

you are right, I talked to my branch today, they'll not freeze it from now on.
Thanks

Good to hear.

CDSmith · 03-16-2007, 02:31 AM

Quote:

Originally Posted by knewon

Do all you have guys have us accounts?

I do.

I deposit all my US cheques into my US account, then I transfer the money to my Canadian savings account as needed, for no charge.

If I were to deposit the US cheques directly into my Canadian account however, there would be something like a $10 charge per cheque.... so yes, I absolutely do have a US account.

fris · 03-16-2007, 04:05 AM

no idea, i never wait

03-13-2007, 08:15 PM	#1
tehHinjew Confirmed User Join Date: Sep 2006 Location: MTL Posts: 5,755	Hey Canadians, how long does it take for a U.S check to clear? Just wondering after how long can you touch your checks you receive in U.S funds... any one? as for me its 15 working days. __________________ Hot Porn Wanna trade? email me at wanker (@) wanknation dot com

03-13-2007, 08:16 PM	#2
Deputy Chief Command Deputy Chief Command Industry Role: Join Date: Nov 2005 Posts: 4,482	15 working days times 2 .. divide that by four what do you get ? 30 / 4 is ? let me anwser that for you .. . 30 / 3 >> 10 but I asked 4 __________________

03-13-2007, 08:17 PM	#4
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,465	for me it is no hold...but i have the same checks coming in and bank in person they love me __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

03-13-2007, 08:18 PM	#6
Deputy Chief Command Deputy Chief Command Industry Role: Join Date: Nov 2005 Posts: 4,482	it should be between 7,5 and 10 I think 15 / 2 >> 7.5 30 / 3 >> 10 does that be makin sense to you .. that a number game __________________

03-13-2007, 08:25 PM	#7
CDSmith Too lazy to set a custom title Industry Role: Join Date: May 2001 Location: My network is hosted at TECHIEMEDIA.net ...Wait, you meant where am I located at? Oh... okay, I'm in Winnipeg, Canada. Oops. :) Posts: 51,460	None, My bank has always given me access to my US funds immediately. But now that I think of it, my bank manager did once try to instill a 21-day hold on all my US cheques about 6 years ago, because she found out that income came from adult. I had a lawyer contact her and the next time I was at the bank she withdrew the hold and apolgized. I've had no further nonsense with my US cheques ever since. __________________ *Promote Wildmatch, ImLive, Sexier.com, and more!!* ALWAYS THE HIGHEST PAYOUTS: Big Bux/ImLive SIGNUP ON NOW!!! Put some PUSSYCA$H in your pocket. ICQ me at: 31024634

03-13-2007, 08:18 PM	#5
Daymare Confirmed User Industry Role: Join Date: Feb 2002 Posts: 2,674	just ask your bank (once you've cashed/deposited for a couple of months) not to hold your US cheques. If they say no, then move to another bank. Both TD and RBC have no problems as long as you have a little history with USD. hope that helps

03-13-2007, 08:27 PM	#9
webgeek Confirmed User Join Date: Mar 2007 Posts: 165	national bank keeps them 30 days. __________________ webgeek

03-13-2007, 08:27 PM	#10
BOSS1 Confirmed User Join Date: Sep 2005 Location: Montreal / Sparta Posts: 4,331	you know you aint a baller if your checks get held

03-13-2007, 08:29 PM	#12
BradM Confirmed User Join Date: Dec 2003 Location: 1123,6536,5231 Posts: 3,397	No hold, instant clear. I make more than $100 a month tho.

03-13-2007, 08:45 PM	#14
RawAlex So Fucking Banned Join Date: Oct 2003 Location: In a house. Posts: 9,465	For my bank it is immiediate credit, No hold, no issues. But I have done business with the same bank for a fairly long time, and I have only had a couple of bad affiliate payout checks in all of that time. Good question: Are you cashing the checks personally or as a company?

03-13-2007, 09:01 PM	#15
jeffrey Confirmed User Industry Role: Join Date: Jul 2004 Location: Alberta Posts: 1,864	I have no hold. But thats only because they know me and I have banked their for 10 years now. I even put my US checks into the bank machine cause I often dont leave the house till they are closed, I just put 00.00 as the amount, and the next day the money is in my US account. __________________ Coming Soon!

03-13-2007, 09:21 PM	#16
hershie Confirmed User Join Date: Jun 2002 Posts: 4,642	I cash my checks without hold, and take the US cash to ICICI Bank of Canada (www.icicibank.ca) and take out a term deposit that pays 5% for a 30 day term or higher for longer term.

03-13-2007, 09:26 PM	#17
bogo Confirmed User Industry Role: Join Date: Jun 2002 Posts: 1,982	RBC clears my checks faster than i could deposit them.

03-13-2007, 09:55 PM	#18
RichCashMike Registered User Join Date: Jul 2004 Location: Montreal Posts: 40	A lot of banks will try and hold them for 30 business days if you have no history with them. They have all tried to tell me this is "standard"... HSBC, TD, RBC, CIBC. I have closed (corporate) accounts at 2 banks because of this. Stick with a bank that knows you and there should be no hold up to a certain amount. For me, this was CIBC. __________________

03-13-2007, 10:01 PM	#19
2MuchMark Videochat Solutions Industry Role: Join Date: Aug 2004 Location: Canada Posts: 49,484	I'm with Bank of Montreal and they never hold any checks. If you're a new customer to the bank, its normal for them to want to hold all checks for 15 to 30 days. But once you have been there a while and either trust you or you have lots of money or investments with the bank, they will clear all of your checks the same day no problem. When you're a good customer (you don't cost them any money or time), they love you and want to keep your business. m __________________ Custom Coding \| Videochat Solutions \| Age Verification \| IT Help & Support www.2Much.net

03-13-2007, 10:05 PM	#20
SmokeyTheBear ►SouthOfHeaven Join Date: Jun 2004 Location: PlanetEarth MyBoardRank: GerbilMaster My-Penis-Size: extralarge MyWeapon: Computer Posts: 28,609	it always depends on the bank and its branches rules.. As mentioned , if your under 100k balance and new , you will prob get a 15-90 day hold. But all checks can be cleared instantly by the bank manager if you ask them, if they give you gruff , get a new bank. __________________ hatisblack at yahoo.com

03-13-2007, 10:07 PM	#21
the alchemist Confirmed User Industry Role: Join Date: Dec 2004 Location: Montreal, Canada Posts: 3,271	No hold here but I remember BMO trying to freeze them for 30 days... I laughed and left. __________________ 264 349 400

03-13-2007, 10:53 PM	#22
stev0 Confirmed User Join Date: Aug 2003 Location: Calgary, Alberta Posts: 6,801	No hold... if you have a good relationship with your bank they shouldn't have a problem removing the limits.

03-13-2007, 11:34 PM	#24
VeriSexy Join The Royal Family Join Date: Apr 2002 Posts: 25,463	Around 14 business days for me __________________ Looking for a KICK ASS TEEN SPONSOR? Check out ROYAL CASH - THE KING OF TEEN! Incredible webmaster tools FHGs, Morphing Blog and RSS Feeds, Embedded FLV & WMV Videos. With TOP RATIO Sites like TeenStarsOnly.com - Earn $$ with our New Site & Bonus Payouts!! ATMovs.com \| iTeenVideo.com \| TeenSexMovs.com \| TeenSexMania.com

03-14-2007, 04:40 AM	#27
cool1 sex is good Join Date: Sep 2001 Location: Carman, MB Canada Posts: 24,939	my credit union makes me wait 6 to 8 weeks __________________

03-14-2007, 06:01 AM	#28
vidvicious Confirmed User Join Date: Oct 2002 Location: Canada Posts: 4,765	Depends if i Go to the teller or ATM .. 10 days for the atm __________________ 3D-VR live webcams Facebook profile "I take pics for the "Casual Encounters" section of Craigslist."

03-14-2007, 06:22 AM	#29
BuggyG Confirmed User Join Date: Oct 2002 Location: Ottawa Posts: 4,179	never get held goes thru automatically on my business account

03-14-2007, 06:25 AM	#30
Cman Confirmed User Join Date: Jun 2004 Location: Canada Posts: 697	About 3 weeks with Scotiabank __________________ I could put stuff here, but you don't care.

03-14-2007, 10:29 AM	#31
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,486	It can take up to 40 days between depositing a US check and getting the guarantee it won't bounce. Most banks will let your funds be available as fast as instantly to 30 days depending on your relationship and history with your bank. WG __________________ I play with Google.

03-14-2007, 10:31 AM	#32
Mediachick Confirmed User Join Date: May 2006 Location: Montreal, Canada Posts: 897	30 business days unless you're constant in your deposits. Im with Canada Trust, I usually never have a check held unless I deposit it in a different establishment then my own. __________________ --MC-- Live High Def Video Chat Converts! ICQ: 276456001 The Complete Live Video Chat Solution

03-14-2007, 10:32 AM	#33
wyldblyss Confirmed User Join Date: Nov 2003 Location: The Buck Starts Here Posts: 5,779	Depends on where you bank and your history with the bank.

03-14-2007, 10:57 AM	#34
hershie Confirmed User Join Date: Jun 2002 Posts: 4,642	I had my first bounced cheque a couple of weeks ago (ARS switched banks) and my bank didn't charge any fee for the returned cheque except interest. I thought they would seriously ding me.

03-14-2007, 11:06 AM	#35
dready Confirmed User Industry Role: Join Date: Oct 2002 Location: Toronto, ON Posts: 5,247	31 days at CIBC is standard. I have an agreement though and they don't hold anything, ever. __________________ ICQ: 91139591

03-15-2007, 10:12 PM	#37
skillfull Confirmed User Industry Role: Join Date: Apr 2003 Location: Quebec Calisse Posts: 4,716	21 business days with desjardins asked to remove the hold after two years (it had never been a problem) and now no hold at all __________________ mind at underdark dot cc SEO Analyst Thunder-Ball.net - Member

03-15-2007, 10:50 PM	#38
donkevlar Confirmed User Join Date: Sep 2006 Posts: 4,325	Money Mart... I get the cash right away. I think they take $2 and then 3%, which to me is better than a 2 week wait. __________________ [email protected]

03-15-2007, 11:03 PM	#39
Evil E Confirmed User Join Date: Apr 2005 Location: Lazyness is a lifestyle Posts: 3,201	Do all you have guys have us accounts?

03-16-2007, 04:05 AM	#42
fris Too lazy to set a custom title Industry Role: Join Date: Aug 2002 Posts: 55,372	no idea, i never wait __________________ Since 1999: 69 Adult Industry awards for Best Hosting Company and professional excellence. WP Stuff