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check clearing

 
 
Reply Thu 28 Nov, 2013 01:06 am
I won a lawsuit of 9.5 million. its going through farmers state bank. I put it in the bank last Friday nov. 22. how many days will it take to clear? regular days or business days? do Saturdays count as a business day?
 
Butrflynet
 
  1  
Reply Thu 28 Nov, 2013 01:13 am
@cypress550,
In the United States there are laws on how long it may take to clear a check. If the check is local it must clear in 48 hours; if it is from out of state (from another state) then it must clear in 5 working days (Saturday and Sunday are not counted, even if the bank is open those days).
0 Replies
 
Rockhead
 
  3  
Reply Thu 28 Nov, 2013 01:18 am
@cypress550,
it wasn't a Nigerian lawsuit was it?

those can take a lot longer to clear.

I hope you do something wiser with it than simply depositing it in your checking account.

and if you are ever in Kansas, call me. I can help you find ways to blow it that you never knew existed...
0 Replies
 
Lordyaswas
 
  3  
Reply Thu 28 Nov, 2013 02:30 am
@cypress550,
cypress550 wrote:

I won a lawsuit of 9.5 million. its going through farmers state bank. I put it in the bank last Friday nov. 22. how many days will it take to clear? regular days or business days? do Saturdays count as a business day?


If I had just won 9.5 million, I would be first contacting my lawyer who helped me with the case in question, or even MY BANK MANAGER to ask that question, rather than find a forum, register and ask complete strangers.

The Americans have a quaint phrase to cover this situation.... what is it? ..

....oh yes....




Ahem.....

I call bullshit.
0 Replies
 
 

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