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

quote:

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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.

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Sounds like the OP has enough money in the account.

As to your other comment, sure. But it is 2016. With Check 21 and all the electronic services out there, it's pretty hard to believe that banks still need 5-10 days to verify funds.

Plus, if the check does end up being returned, your bank will charge you a fee anyways and take the money back. And if you don't have the money to put back, they will hassle you for it anyways.

It's just another example of some banks still being stuck in the 20th century.