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Old 07-09-07, 06:23 AM   #1
jmayer21
 
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Default Check Clearing

This may be more of a banking question...but if I receive a check for my withdraw, how long will it take to clear?
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Old 07-09-07, 06:24 AM   #2
BatemanPatrickl
 
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Quote:
Originally Posted by jmayer21 View Post
This may be more of a banking question...but if I receive a check for my withdraw, how long will it take to clear?
Ask your bank but I would not use the funds until I was 100$ sure it had cleared.

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Old 07-09-07, 07:44 AM   #3
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I cant recall the term.....but if you are in the U.S and the check is drawn on an overseas account I believe it can take up to 60 days.

Domestic checks are in the ballpark of 2-7 business days, so scratch the weekend when your counting.
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Old 07-09-07, 07:48 AM   #4
jmayer21
 
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Im an american, withdrawing 5,000 from the greek...how long do think it would take the check to clear?
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Old 07-09-07, 07:52 AM   #5
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Quote:
Originally Posted by jmayer21 View Post
Im an american, withdrawing 5,000 from the greek...how long do think it would take the check to clear?
Ask your bank; only your bank can provide the correct answer. Now you know and knowing is half the battle
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Old 07-09-07, 08:02 AM   #6
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I haven't taken money out of the greek since Neteller f!@#^ed us, so I'm not familiar with there checks. When you bring it to your bank they will give you the low down.

PB....say no to cubicles.

Say yes to corner offices with windows and closing doors. PB....you got your own office?
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Old 07-09-07, 08:06 AM   #7
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Quote:
Originally Posted by JBC77 View Post
I haven't taken money out of the greek since Neteller f!@#^ed us, so I'm not familiar with there checks. When you bring it to your bank they will give you the low down.

PB....say no to cubicles.

Say yes to corner offices with windows and closing doors. PB....you got your own office?
Not yet my friend; I have to babysit the breast feeding babies so that they are not texting their needy girlfriends every minute. Last time I checked, 15 year old emo kids were the only ones who sent text messages every minute.

I get no respect around here.
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Old 07-09-07, 09:01 AM   #8
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There's federal law detailing how quickly banks have to clear checks. For US checks all the money has to be cleared within 5 business days. I'm not sure how long it is for international.
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Old 07-10-07, 12:58 AM   #9
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Even though the greek is an international company, in almost all likelihood they are using a payment service that is using an American Bank account (7 digit routing number). These checks will not take more than 5 days to clear. If you have a good relationship with your bank they may give you some of the money immediately.
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Old 07-10-07, 01:01 AM   #10
brismi
 
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cash it at a grocery store of something, that's what i do, thsi wasy if it is bogus, you still get your cash, just don't give a thumb print
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