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re: Regions Bank and Deposit Holds
Posted on 7/27/20 at 11:19 am to KiwiHead
Posted on 7/27/20 at 11:19 am to KiwiHead
Not uncommon for banks to place a hold on deposited checks, especially as ole miss stated if it's over certain amount or more than what's in the account.
I deposit checks >10k regularly and get notices all the time that may funds may not be available for 10 business days.
I've never seen it personally take the 10 days. Usually 1-3 business days at most for me.
With that said, in your situation, it hasn't even been 1 business day. You can probably clear this up with a couple of phone calls to your bank. Usually someone can override and release the funds sooner if needed. S
I deposit checks >10k regularly and get notices all the time that may funds may not be available for 10 business days.
I've never seen it personally take the 10 days. Usually 1-3 business days at most for me.
With that said, in your situation, it hasn't even been 1 business day. You can probably clear this up with a couple of phone calls to your bank. Usually someone can override and release the funds sooner if needed. S
This post was edited on 7/27/20 at 11:21 am
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