5 Dimes Check Withdrawals

[Big10]

Can anyone confirm that their checks are taking up to 30 days to clear? That sounds like a specific bank issue that someone is personally having, I do not believe this to be the case for everyone. I have never had a problem depositing their checks at Bank of America.

I have cashed numerous checks this year from them and all of them came from Canada. Although the last check I cashed was back in June.

 

[TTinCO]

It usually depends on your bank-and BoA are known to be absolute bitches about pretty much EVERYTHING.

 

[bigtendominator]

Can anyone confirm that their checks are taking up to 30 days to clear? That sounds like a specific bank issue that someone is personally having, I do not believe this to be the case for everyone. I have never had a problem depositing their checks at Bank of America.

I have cashed numerous checks this year from them and all of them came from Canada. Although the last check I cashed was back in June.

Their checks are no longer drawn on BofA. When they were I would just go cash them simple as day, but now they are drawn on a Candaian Bank and the bank has to wait to receive the funds from the Canadaian Bank

 

[bigtendominator]

Can anyone confirm that their checks are taking up to 30 days to clear? That sounds like a specific bank issue that someone is personally having, I do not believe this to be the case for everyone. I have never had a problem depositing their checks at Bank of America.

I have cashed numerous checks this year from them and all of them came from Canada. Although the last check I cashed was back in June.

They were shipped from Canada, but drawn on a bank from Florida, look at the routing number if have you a copy of one of their checks.

 

[Doug]

It usually depends on your bank-and BoA are known to be absolute bitches about pretty much EVERYTHING.

Agree, I never liked BofA.

 

[red007]

just cashed one a few days ago.
no problems.
just have enough money in your checking account (more money than the check amt obviously) and your bank should cash it.
if not, find a new bank.

 

[bigtendominator]

just cashed one a few days ago.
no problems.
just have enough money in your checking account (more money than the check amt obviously) and your bank should cash it.
if not, find a new bank.

Was the check drawn on a domestic or Candaian Bank?

 

[red007]

Was the check drawn on a domestic or Candaian Bank?

i think it said some canadian bank, but funds were in us dollars
so bank cashed it

 

[Doug]

just cashed one a few days ago.
no problems.
just have enough money in your checking account (more money than the check amt obviously) and your bank should cash it.
if not, find a new bank.

That could still be a "Hold". You have 10k in checking, present check for 5k, get cash. If your balance drops below 5k, checks may bounce if you write them.

 

[bigtendominator]

i think it said some canadian bank, but funds were in us dollars
so bank cashed it

I have to change banks. I have the balance in my account to cover the funds, if they were to not clear. That's f'ed up.

What bank are you with?

 

[red007]

I have to change banks. I have the balance in my account to cover the funds, if they were to not clear. That's f'ed up.

What bank are you with?

washington mutual
bank of america
wells fargo
bank of the west

its a good idea to have more than 1 checking acct imo

 

[Doug]

washington mutual
bank of america
wells fargo
bank of the west

its a good idea to have more than 1 checking acct imo

I wouldn't argue with a 2nd checking acct, but I don't have one.

It's sorta like having a 2nd credit card.

You could keep one small, just for stuff like e-checks.

 

[krk1030]

How do you even find out when they clear? I've never had one not clear but i never knew when it did clear. I just assumed after 2 weeks it must have cleared or i would have heard about it.