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Bank holds on deposits above $5525?
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Brown Cow
Posted 9/1/2024 06:31 (#10874278 - in reply to #10873898)
Subject: RE: Bank holds on deposits above $5525?


SW Wisconsin
I don't think I've had holds beyond next business day. I have run into them closing the books for the day on deposits before closing the books on withdrawals. So I could deposit a check at 3, then write a check that that requires those funds to clear, and if that check is brought in to cash before 5 the account will overdraft.
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