Question regarding check withdrawals

[farookh]

Hi there...Has anyone had the following happen? I received a check via courier and deposited at the ATM. Got a call from said bank and was told because it was a foreign check they were going to place a 15 day hold. She said the manager decided to do this. She also asked where I received the check. The weird thing is the check had a US bank branch listed along with the other country. Shouldn't this clear same day? I'm just wondering if something is being blocked here and the 15 day waiting period speech is BS. Can anyone confirm/deny? Thanks.

[BingoT]

I got a check from Party Gaming and it was a International check and my bank wouldn't cash it B O A
You should be lucky for a 15 day grace.
If the check was from your bank Yes it would clear that day.
Normal it takes at times 3 days for me on a US check.

Originally Posted by farookh

the check had a US bank branch

Wow your bank should of cashed it.

[farookh]

It probably is ok...I just found it odd that before these kind of checks would process same day for me. It might have to do with how much I had in the bank in case the check didn't clear. Thanks for the reply.

[winbig]

Originally Posted by farookh

It probably is ok...I just found it odd that before these kind of checks would process same day for me. It might have to do with how much I had in the bank in case the check didn't clear. Thanks for the reply.

It's too late now for this check, but for future reference:

If the check is under $1500, take it to walmart. They charge $3 to cash the check, but you'll have the cash right away instead of having to wait for it to clear. They don't try to call and verify the check or anything like a check cashing store would do.

It's important to tell them that the check is for freelance work you do for companies online. They won't cash a check that isn't a payroll check, or from the gov't (disability/retirement/etc).

[Elizabeth]

I play at an accredited RTG casino that I like very much. However, I am wondering what will happen if I win and cash out. This casino will not send courier checks to US players. Money orders are a withdrawal option. Has anybody used this option to withdraw and with what results. Also I use e-wallet to deposit and can have winnings transferred back into my online account. Has anyone done this with success? Do the check cashing stores ask a lot of questions about your checks? Any information anyone has about this would be appreciated!

[buzzweisergrl]

I have received numerous checks from a JP Factory casino and have had no problems depositing them. They are drawn on a bank in Las Vegas and like I said I have had no problems.

[footdr]

None of the checks I have received would be considered foriegn. A few were payable through checks. But they have to be treated as any other check, they are either local or non-local depending on whether they use the same Federal Reserve Bank as your bank branch.

up to 5 days hold on non-local .

they are putting an exception hold on your check. Regulation CC requires they notify you in writing of the reason for the extended hold.

If you have overdrawn your account frequently or had alot of deposits returned unpaid they often do it.'But even an extended hold shouldn't be longer than 10 days. And if you keep a average daily balance that would be enough to cover the check if returned, they shouldn't have extended the hold.

[farookh]

Thanks for the information. I've never had any problems with my account, as far as overdrafting and such. It might just be the fact it's a certain amount coupled with it being drawn outside of the US. Thanks again for the info.

[Corey1972]

Well, I'm in the USA, and I recently got a Canadian Check from Player's Only, denominated in US $ of course (if it were Canadian $s, it'd be worth more money now!)

I deposited it in the ATM at night at Washington Mutual. I had done that with no problems before (those checks were from a US bank).

About 4 days later, I login to WAMU online ; I see that they took the money out of my account, with a note saying "Canadian Check Discount". I call the bank almost freaking out as it was a $1710 check. Fortunately I did not prematurely spend this money, although I could have, since there were no problems before - if I did go under I can imagine there would be a hefty fee!

I learn that since it's from Canada I have to go into the bank PERSONALLY and fill out a freaking form. They mailed me the check back in order to do this. Went to the bank and had to spend 30 minutes filling out a pretty detailed form. The dude who helped me had to print out the form and I guess it was his first time ever doing this because we had to read the form very carefully; didn't want it to bounce back again! Fortunately the next business day it cleared! Also there were NO fees involved - but he warned me that there might be fees and the form said that as well.

So I think Washington Mutual is a pretty good bank! Just be aware of this if you get a check from a non-USA nation, and maybe wait a few days before spending that money just in case!

[lojo]

Thanks Corey.

I would not run a transact thru wamu, they are directconnect to...,. (invisible words)

be careful and goodluck