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Why does the bank put a hold on a check 2024?

Daniel Martinez | 2023-05-07 09:27:59 | page views：1358
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Mia Cooper

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If your check deposit is over $5,000, banks are allowed to hold the portion greater than $5,000 for a slightly longer period of time. Additionally, banks may put a hold on your check if you have a history of overdrawing. They can also put holds on post-dated checks and those written six or more months before deposited.
2023-05-07 09:27:59
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Clara Price

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If your check deposit is over $5,000, banks are allowed to hold the portion greater than $5,000 for a slightly longer period of time. Additionally, banks may put a hold on your check if you have a history of overdrawing. They can also put holds on post-dated checks and those written six or more months before deposited.
Why do banks put a hold on checks? - Kasasa Blog
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