can a bank put a hold on a payroll check?

Answer 1

Yes if the business that wrote them doesn't have the funds to cover them.

Answer 2

If the check is from a local or well known company and you take it to the same bank every payday they should cash it for you on the day instead of waiting the usual 4 or 5 working days if thats what you mean by 'put a hold on a payroll check'
Having a good credit rating and rapour with your local bank helps with things like these things.

Answer 3

Saturday isn't seen a business enterprise day. business enterprise days are in undemanding terms Monday by using Friday, apart from trip journeys. something that is going in on a weekend or after the cutoff on Friday is seen a Monday deposit. they do no longer care whether it fairly is a paycheck or a birthday modern-day out of your aunt.....it consistently takes a minimum of one business enterprise day to settle on your account. This Tuesday is a economic enterprise trip so it is not a business enterprise day the two. that is criminal as a results of fact that is of course published interior the economic enterprise and become on the workplace work you signed once you opened the account. At my economic enterprise there's a sprint connect up each and every teller window that money are actually not consistently right now available and is probably no longer till after the subsequent business enterprise day. It additionally has suggestion approximately weekend deposits being seen Monday transactions. i could flow communicate over with the economic enterprise supervisor in man or woman to describe what got here approximately and why you believed the money have been available right now. in case you have been a powerful shopper and it become a one time overdraft situation, they'll many times paintings with you and waive the costs. the ingredient that particularly stinks is you've cashed the verify and had the money right now devoid of overdrafts.