Quote:
Originally Posted by ntaleb111
This is interesting because I tried to deposit a check from my work the other day using the ATM, and the ATM said there would be a hold put on until July 1. I cancelled the transaction and went inside the bank and deposited. The check cleared in the normal time and I have the money now. Strange.
Thats a standard hold. Have not heard of any 30 day holds through the atm though. It also depends on many things, like your account history, funds in your account etc...
As a general rule, especially with people worried about confronting a teller with an international check from an online gambling site it seems best to just deposit in the atm.
Thanks for sharing your experience though.
Also I think atm deposits are not picked up and processed over the weekend, so this may have just been a standard way to cover their ass. It is true though that most deposits are not credited to your account immediately through the ATM. Usually they will automatically clear a 100 for you though.