re: Is this banking behavior normal? Re: Holding check

quote:

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had this issue with Neighbor's for a short time. I am 1099 and it was payment for services rendered. Sometime couple thousand, sometimes, many times more than that. I had a talk with a manager one day and they put a note on the account and I haven't had another problem.

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I'm glad you had it straightened out, but I really can't blame a bank for placing a hold on a large check, particularly when you don't have enough funds to cover it in your own account. It is reasonable to expect them to verify the funds, but it is also reasonable to expect a hold until that is done. They're not in the business of cashing $20,000 checks when $2,000 is actually in your account.