if a bank puts a hold on finances what is the reasonable time frame that they may hold the finances?

Question

usa bank hold put on money in savings to check if valid

Answer 1

It depends on many factors such as where the check is from, is it foreign, the amount and whether it is a personal or business check. Normally it takes up to seven days (more or less) depending on these factors.

Answer 2

I recently was surprised that my bank held my check for 10 days not including the weekend. "New Policy" was what I was told. It was MY cashier's check from my bank in Ohio to MY bank account to a different bank where I've banked for 4 years in Indiana. It was aggravating. Usually though, 3 days is the standard. Sometimes you can phone and reason with a reasonable manager and they will allow the funds to be avaiable sooner.

Answer 3

i think about 3 days or so