- Joined
- Oct 16, 2007
- Location
- New Orleans Louisiana
I recently got a payout from Jackpot Capital. Does anyone know how long it takes for these Canadian checks to clear?
How Long does it take for Jackpot Capital courier checks to clear?
- Thread starter mistyb05
- Start date
- Joined
- Jun 20, 2001
As a general comment, I would think it depends on your bank.
It does over here anyway.
- Joined
- Oct 16, 2007
- Location
- New Orleans Louisiana
My bank was kind of unclear . They told me probably 7 days. Has any one had trouble with jackpot capital checks?
- Joined
- Jul 11, 2008
- Location
- On the Beach
One day! that is if you have a national bank.
For local banks may take longer since its drawn on a canadain bank and they might have to go thru channels like other banks etc etc
Its been a very long time since i received a check from them so times may have changed
- Joined
- Mar 23, 2005
- Location
- WorldWide
Wells fargo does all canadian checks in 1 day and the fee is only $1.50
Ok here is the information you need to know:
1)The term "clears the bank" technically means the check went through bank of the issuing party. A Canadian check deposited in a US bank can take a few days to 30days to actually hit and clear the issuing bank.
2) You are probably looking for when your bank gives you "credit" for the deposit. This all depends on the bank and your relationship with them. They could give you credit same day or 7 days from now.
3) Just because you get credit it doesn't mean the check cleared the issuing bank. So what this means is although your bank has credited your account, the check can still come back bad in 4 days, 2 weeks, 30days. That means if you take the money out and spend it and it does come back you are still responsible.
Now I wouldn't be concerned with the check coming back with Jackpot Capital. There are no current reports of trouble with their checks.
1)The term "clears the bank" technically means the check went through bank of the issuing party. A Canadian check deposited in a US bank can take a few days to 30days to actually hit and clear the issuing bank.
2) You are probably looking for when your bank gives you "credit" for the deposit. This all depends on the bank and your relationship with them. They could give you credit same day or 7 days from now.
3) Just because you get credit it doesn't mean the check cleared the issuing bank. So what this means is although your bank has credited your account, the check can still come back bad in 4 days, 2 weeks, 30days. That means if you take the money out and spend it and it does come back you are still responsible.
Now I wouldn't be concerned with the check coming back with Jackpot Capital. There are no current reports of trouble with their checks.
- Joined
- Feb 22, 2005
- Location
- HOUSTON
my bank told me it could take 6 to 8 weeks. i said really??? and then they went to a supervisor and came back to tell me that they would go on and give me instant credit for the ck as i have been a long time member of the bank. and since the ck was from jackpot capital i figured it would all turn out ok.. i have the extra funds in my bank but i still hate having any kind of ck on hold for that amount of time.
- Joined
- Sep 12, 2004
- Location
- Up$hitCreek
My bank usually credits to my account right away because I have been with them forever and they're not thrown into hysterics over a Canadian check.... BUT.... that does not mean the check clears that quickly. If the JC processor goes down and funds are seized in the days between deposit and clearing (thanks to our good ol' DOJ), then the check will bounce. So... just try to keep a little extra in the bank - just in case.
I've had checks from JC and GV and INet over the past couple of years with no problems whatsoever - except the time I tried to deposit one at a different bank that can't handle 'foreign' checks.
I've had checks from JC and GV and INet over the past couple of years with no problems whatsoever - except the time I tried to deposit one at a different bank that can't handle 'foreign' checks.
- Joined
- Feb 22, 2005
- Location
- HOUSTON
hi mousey. 
also out of curosity.. i was wondering if all the rtg accredited casinos listed here will have canadian cks ? i did withdrawl from another rtg accredited a few weeks ago and it was not canadian. and the funds cleared in a few days.. but things could have changed.. i hate to have to many canadian cks hit my bank if i get lucky and manage to make a few withdrawls . lol so if a certain casino had a different kind of ck then i thought that would be good. as i could move around a bit and switch things up.. i thought if my bank asked about the canadian ck i would tell them it was a online purchase refund .. what would you other members say? also its good to know that wells fargo will cash a candian ck for 1.50. but im not a bank member there so im sure they wouldnt do that for a stranger. any imput??? tks.
also out of curosity.. i was wondering if all the rtg accredited casinos listed here will have canadian cks ? i did withdrawl from another rtg accredited a few weeks ago and it was not canadian. and the funds cleared in a few days.. but things could have changed.. i hate to have to many canadian cks hit my bank if i get lucky and manage to make a few withdrawls . lol so if a certain casino had a different kind of ck then i thought that would be good. as i could move around a bit and switch things up.. i thought if my bank asked about the canadian ck i would tell them it was a online purchase refund .. what would you other members say? also its good to know that wells fargo will cash a candian ck for 1.50. but im not a bank member there so im sure they wouldnt do that for a stranger. any imput??? tks.
go slow
at times these Canadian checks may not clear and do not argue it with your bank if such a thing happens , I've had three checks bounce
but in all cases the casino made good so don't spend the money till its available described in your banking report
only go to the casino first if you if you are from the usa then sort it out from there [there are a lot of corner store operators that can issue checks/ money orders ,[there non b&m banks ] so its a special event for us
at times these Canadian checks may not clear and do not argue it with your bank if such a thing happens , I've had three checks bounce
but in all cases the casino made good so don't spend the money till its available described in your banking report
only go to the casino first if you if you are from the usa then sort it out from there [there are a lot of corner store operators that can issue checks/ money orders ,[there non b&m banks ] so its a special event for us
Last edited:
- Joined
- Sep 12, 2004
- Location
- Up$hitCreek
hi mousey.
Sorry Reda... I've just now seen this!
I think all the checks I've received have been Canadian... however, there was one recently that had no info as to origination of the account so who knows?
I never have more than a few (we're talking 3 maybe 4) withdrawals in a year so I don't worry too much about my bank getting suspicious as long as I just deposit it. I do remain concerned about possible processor shut downs that throw can throw kinks into the process by making the check bounce. I just always leave enough in the bank to cover it should that happen. *crossing fingers*
On some checks there's a little line bottom left 'FOR'... if the processor hasn't typed anything there, I usually write in 'ref' which could mean refund, right? LOL
- Joined
- Sep 20, 2005
- Location
- Left Hungary
Canadian check
I tried accepting a check again, due to all the positive replies, but once again my check was denied by 2 of the largest banks in US for invalid account.
I looked at the check and no where did it say US funds and there was an account number that was 0000"""000"""0000. With those kinds of marks between the numbers. This check is similar to the previous checks (I remember the account markings) that were refused last year. Please make sure your checks say US funds on it and a good account number (US based account number) otherwise you will be sending it back as I have to once again.
NO MORE checks for me. Good luck to anyone that still accepts them.
Just wanted to let you know that it is still happening (checks being denied as invalid)
.
.
I tried accepting a check again, due to all the positive replies, but once again my check was denied by 2 of the largest banks in US for invalid account.
I looked at the check and no where did it say US funds and there was an account number that was 0000"""000"""0000. With those kinds of marks between the numbers. This check is similar to the previous checks (I remember the account markings) that were refused last year. Please make sure your checks say US funds on it and a good account number (US based account number) otherwise you will be sending it back as I have to once again.
NO MORE checks for me. Good luck to anyone that still accepts them.
Just wanted to let you know that it is still happening (checks being denied as invalid)
.
.
- Joined
- Jan 30, 2007
- Location
- Texas, USA
silc,
Curiousity, what bank was the check written on?
It's been a while since I had a cashout anywhere but my last check was written on BOA in Canada. However, it did have RT# and acct.# that was legit. BOA in neighboring town cashed it for me.
I thought all checks no matter where they came from had routing and acct. numbers on them.
Curiousity, what bank was the check written on?
It's been a while since I had a cashout anywhere but my last check was written on BOA in Canada. However, it did have RT# and acct.# that was legit. BOA in neighboring town cashed it for me.
I thought all checks no matter where they came from had routing and acct. numbers on them.
- Joined
- Sep 20, 2005
- Location
- Left Hungary
Imperial Canadian Bank of Commerce. It came froma third party business from Canada. The account and routing numbers are too short it seems with those odd symbols in between the numbers unlike a US based account. Our banks do not recognize these numbers, hence, rejected due to an invalid account.
.
.
