Posted By: Likes to Comply
New Account Hold Exception and On Us Checks - 04/25/19 01:15 PM
With regards to holds on New Accounts is the following correct?
> On Us checks - 9th day availability on the whole amount; next day rules do not apply to the first $5000
> Local checks - no max time frame (bank establishes and discloses in policy disclosure)
Thanks in advance.
> On Us checks - 9th day availability on the whole amount; next day rules do not apply to the first $5000
> Local checks - no max time frame (bank establishes and discloses in policy disclosure)
Thanks in advance.