Knowing when money will be credited to your checking or savings account is key for financial planning. While some factors may delay the process, most checks clear within one to two business days.
Remember back in the day when you wrote a check and you could count on at least a few days before it was cleared by your bank? That "float" bought you time to deposit a check to cover funds for one ...
When a big check hits your account, it can feel like instant breathing room, but the banking system does not move at the speed of your mobile app. Behind that "pending" status is a tightly regulated ...
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