Bank wants to hold check 3 weeks

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  • Kris2014
    SBR Hustler
    • 10-26-12
    • 65

    #1
    Bank wants to hold check 3 weeks
    Is this normal for a Canadian check withdrawal? I normally get a major US bank check.
  • Optional
    Administrator
    • 06-10-10
    • 61672

    #2
    Depends on your bank. Mine allows me to cash foreign checks as long as i have more than the value in my account already. If not for that it takes 28 days.
    .
    Comment
    • Kris2014
      SBR Hustler
      • 10-26-12
      • 65

      #3
      I have enough but they do put a hold against it. The manager whom I know well, said he would release it, if I know it's legit..
      Comment
      • Optional
        Administrator
        • 06-10-10
        • 61672

        #4
        Originally posted by Kris2014
        I have enough but they do put a hold against it but the manager whom I know well, said he would release it if I know it's legit..
        As I said by PM, you are probably safe to assure him its ok, but problems can occur with payment processors in this market so if you want to be honest you can't really tell him it is rock solid.

        Will it ruin your relationship anyway? I'd probably say I know the company pays a lot of people by check as has done for years but this is my first one.
        .
        Comment
        • StayGolden
          SBR High Roller
          • 10-14-14
          • 105

          #5
          how many digits in the routing number on the check ? 8 or 9?
          Comment
          • relaaxx
            SBR MVP
            • 06-15-06
            • 3281

            #6
            was also
            charged a few fees for canadian checks along with the 3 week hold.
            Comment
            • TheMoneyShot
              BARRELED IN @ SBR!
              • 02-14-07
              • 28672

              #7
              Made several (same posts) in threads like yours.

              99% of the time you will receive PO's from Canadian bnk cks. It's up to you to find a bnk in the US who will cash these things with no hassle. I found a bnk that will do this... I only keep $1.00 in the acct. Just cashed 3k chk the other day... cleared next business day. You need to do your homework... find a bnk in your area that will do this for you.
              Comment
              • KiDBaZkiT
                SBR Posting Legend
                • 10-20-09
                • 14962

                #8
                Originally posted by Kris2014
                Is this normal for a Canadian check withdrawal? I normally get a major US bank check.
                I never heard of longer than 7 business days. Prob can thank fags like samsncharge for posting pictures of checks with the banks names on them telling everyone he won money illegally and where it came from. Fukkin d-bag.
                Comment
                • jjgold
                  SBR Aristocracy
                  • 07-20-05
                  • 388179

                  #9
                  Kris settle down

                  procedures man
                  Comment
                  • big joe 1212
                    SBR Posting Legend
                    • 06-01-08
                    • 19380

                    #10
                    My credit union holds them 3 days.

                    BkofAma releases $300 immediately and the remainder the next morning. But I do have a long history with them with no bounced checks.
                    Comment
                    • laclippers504
                      SBR MVP
                      • 08-21-06
                      • 4553

                      #11
                      Yeah its procedures but they stink man

                      I like to get the cheddar right away
                      Comment
                      • Kris2014
                        SBR Hustler
                        • 10-26-12
                        • 65

                        #12
                        The branch manager cleared it for me.
                        Comment
                        • Waterstpub87
                          SBR MVP
                          • 09-09-09
                          • 4108

                          #13
                          Did this to me once on a poker check. Large national bank, branch in little country town. Did it for "My own protection" because they had scam checks cashed through there before. No problem waiting two weeks.
                          Comment
                          • Ghenghis Kahn
                            SBR Posting Legend
                            • 01-02-12
                            • 19734

                            #14
                            as long as the funds are in dollars, this shouldn't matter but i've heard some banks do put a hold on foreign checks.
                            Comment
                            • Da Manster!
                              SBR Posting Legend
                              • 07-13-07
                              • 17720

                              #15
                              this is exactly the reason why I only do P2P when I withdraw from my books...Cash in hand with 24 - 48 hours with no hassle, no fuss, no aggravation!...Super quick and super fast without the BS!...
                              Comment
                              • Itsamazing777
                                SBR Posting Legend
                                • 11-14-12
                                • 12602

                                #16
                                My bank clears it the next day. Of course this is because I have the funds to cover it
                                Comment
                                • Eddy Munny
                                  SBR Posting Legend
                                  • 08-13-13
                                  • 15768

                                  #17
                                  Whenever I need money, I just bludgeon the porcelain pig with a tack hammer.
                                  Comment
                                  • thetrinity
                                    SBR Posting Legend
                                    • 01-25-11
                                    • 22430

                                    #18
                                    same thing money said, have a bank that clears in 1 day
                                    Comment
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