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How long does a US check take to clear in Canada?
Any idea how many business days? I sent a check to someone there for a domain & it hasn't cleared yet. Been around 8 business days already.
Is that normal? |
Up to 30 days according to the banks.
WG |
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Ive had difficulties with checks from Canada... took a week to clear... business days too...
Purely because banks dont trust each other... Maybe the branch its being cashed at isnt that familiar with your bank? it happens... |
Yup, WG is right.
One of my banks says 21 days, my other one says their clearing (hold) time is 20 days. |
If you have done business with the company before, MOST CDN banks will "pre-approve / clear" the funds for use. But there's still a hold and clearing time on the banks end. TD told me it's about 21 days.
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Depends on the bank, etc...
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ah well, just gotta wait it out |
until "shit for brains" gets out of the White House, and the US dollar is actually worth something
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instantly , you just go in and say " i dont want to wait for this check to clear , can you auth it now please"
keep in mind this is all bank-to-bank so some banks have diff rules. i have had some banks charge me a $50 fee for cashing a $30 american check plus a 30 day wait. " they charged me the $50 fee the same day lol " either way they can always go to "Money Mart™" or some other place and cash it instantly practically anywhere in canada, theres a small fee invloved but its prob like 7$ on 100 |
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thanks guys |
When I lived in Canada it would "clear" instantly -- but that was just overdraft protection / credit / good standing with the bank. Normally it is 30 days. Funny because down here in Costa Rica my bank clears all U.S. checks in exactly 8 business days, and in the online banking it'll tell you exactly which day you'll have access to the funds on a certain deposited check.
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About 30 days
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