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Here’s How Long It Takes for a Check To Clear at Your Bank
 sorbetto / Getty Images When someone cuts you a check, you might want that money to be available as soon as you deposit it — but banks need to verify every check’s validity before they can release the funds. How long a check takes to clear depends on the bank. It usually takes about two business days for a deposited check to clear, but in some cases, it can take up to five days for funds to become available. Find out how long it takes a check to clear depending on the financial institution, why a check might be on hold, and the fastest ways to access your funds. Typically it can take two business days for a check to clear, but can vary. Here’s a quick look at how long it takes for major banks and retailers to clear or cash checks:
Why Your Checks Might Be on HoldThe following factors can affect the time it takes for a check to clear and how long you have to wait before you can access the deposited money. Large DepositsThe 1987 law that gives you rapid access to the first $200 of your deposit also delays clearance for deposits of more than $5,000, which it categorizes as large deposits. The length of time a check is held depends on the amount, type of check and institution, but two to seven days is typical. Suspicious TransactionsBecause deposits are held for bank verification purposes, if there’s something suspicious about your check, you might have to wait longer for your funds. For example, if your check is dated six months or more in the past, it might warrant further scrutiny. Varying Bank PoliciesThe amount of time a check takes to clear can vary based on bank policy. Most banks will credit funds to your account the same business day if you make your deposit before the daily cutoff time; however, you might not be able to withdraw the money immediately. History of OverdraftHow long it takes a check to clear is also dependent upon the account’s overdraft history. If the account has repeatedly overdrawn during the previous six months, the financial institution may delay making the funds from that check available. Insufficient FundsFor the check to clear, the payer must have the funds available. As the payee, it is your responsibility to make sure the check is good for the amount. If you deposit a check and it is later found insufficient — that is, the depositor’s account balance is inadequate to cover it — the bank can reverse the funds.
What Are the Fastest Ways To Access Funds From Checks?If you need to access the funds from a check as soon as possible, you’ll want to consider how long it takes for a check to be deposited through the methods that are available. Here are a few ways to ensure the speedy delivery of a check into your account. Set Up Direct DepositDirect deposit is the most efficient way to receive a recurring check — such as your paycheck — and it gives you the quickest access to your funds, as well. When you set up a direct deposit, money gets transferred from another bank directly into your account. Your bank doesn’t have to verify the incoming funds again after the first deposit, and the money is typically available the same day. Make a Mobile DepositMaking a mobile deposit is another fast way to get your check to clear. Most major banks, including Chase, Wells Fargo, Bank of America and Capital One, offer apps that enable you to take a picture of both sides of your check, enter relevant information, and send it to the bank. Funds from mobile check deposits are often available the next business day. Put Your Good Customer Status to UseIf you’re a longtime customer and haven’t had any deposit issues, your bank might reward you with shorter clearance times. If you have a history of being reliable, your bank might trust you enough to speed up the process. Use an Online-Only BankIf you have an account at an online-only bank, you can typically remotely upload checks via the bank’s app to make deposits, which is much faster than mailing in the check or wiring the funds. Ally Bank’s eCheck Deposit service, for example, enables you to deposit checks electronically. This article has been updated with additional reporting since its original publication. How long does it take for a bank to clear a check from another bank?Most financial institutions have policies surrounding checks and their holding times. A bank usually holds a check to ensure that the funds are available to be transferred. Clearing checks takes approximately two to five business days, meaning it takes two to five business days for the bank to receive the money.
How long does a personal check takes to clear?Most checks take two business days to clear. Checks may take longer to clear based on the amount of the check, your relationship with the bank, or if it's not a regular deposit. A receipt from the teller or ATM tells you when the funds become available.
How long does it take for a personal check to clear from one bank to another in the Philippines?Checks typically take two to three business days to clear or bounce. At this point, the bank has either received funds from the check writer's bank or discovered that it will not receive those funds. If the money is transferred without problems, the check has cleared.
How do I know when a personal check has cleared?You can call your bank to see if a check has cleared. They'll be able to tell you your available balance and if there are any existing holds.
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How long does it take for a personal check to clear from one bank to another
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