Skip to content
GeoDataVision
Thread Options Tools
#450019 - 10/31/05 04:55 PM Hold Notice Help
Blogger Offline
Member
Joined: Aug 2004
Posts: 80
VA
We placed a large dollar exception hold on a $50,000 check.
The check was split in half and deposited into 2 different accounts. How do we deal with the availability of the funds in each account???

Do we split the $100 and the $4900 availability?

Thanks!

Return to Top
General Discussion
#450020 - 10/31/05 07:28 PM Re: Hold Notice Help
BrendaC Offline
Power Poster
BrendaC
Joined: Sep 2001
Posts: 6,029
Sweet Home AL
Make it easy on yourself. It doesn't matter how you divide the holds as long as the customer has the appropriate availability to the funds ($100, $4900, $45,000). I would probably ask the customer if he/she has a preference.
_________________________
Life without Jesus is like an unsharpened pencil - it has no point.

Return to Top