Quote:
Originally Posted by SGT RJ
I used to work at a bank, and .. the check isn't fully cleared until the head branch/processor actually receives the money from the issuing bank, which usually takes 7-10 business days (but can take longer).
So, I wouldn't consider the check completely cleared yet. And you won't be told when it is, you'll only be informed if the check bounces at their central processor.
Hmm, that's annoying. Isn't there someone to call to find out if it's been "completely cleared" ?
And if not, how long does one have to wait before feeling certain that it cleared? Is it around two weeks? I mean, it would be silly if they call you back a full month later and tell you it didn't clear.
Last edited by derSchwartz; 05-25-2013 at 05:22 PM.