i put a check in my account i got the money the next day how long befor it come back as bad or good it was loc

Answer 1

I am hoping that you are not asking this because you received a check from someone and then sent them a portion of the cash. That is a classic scam and that check WILL come back as bad.

The amount of time it takes to determine if a check is good or bad depends. One of the things it depends on is the location of the bank on which the check was drawn. In these scams, it generally takes 7-10 business days for the check to come back as bogus because the banks are small and foreign. It's part of the scam.

If it is a big US bank it could be as short as 3 business days.

Good luck!

Answer 2

Usually a hold is placed on a check if it's over a certain amount. If your financial institution did not place a hold on the check, but you're concerned the check may bounce, I'd wait at least 5 business days before spending the money. Next time, if you can go to the bank it's drawn on and cash the check. They'll verify that the funds are available before cashing it. Then you can deposit the cash and have it available immediately.