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re: Regions Bank and Deposit Holds

Posted on 7/27/20 at 10:49 am to
Posted by FinleyStreet
Member since Aug 2011
7907 posts
Posted on 7/27/20 at 10:49 am to
A quick call to your banker should allow the held checks to clear.

If I am in your shoes then going forward I would require direct deposit or have the employees set up with pay cards. A lot of businesses don't even allow paper payroll checks anymore.

Also, if you are ever in a situation where your employees or vendors need money immediately, wire it.
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