Availability of Funds and Collection of Checks

Deposit Hold examples

$100, electronic payments, in person cash, government/cashier's checks on next day
local on 2nd business/banking day
non-local on 5th day
large amounts on-us additional 1 day
large amounts local additional 5 days
large amounts non-local additional 6 days

$5000 local 1st Mon, $100 on 2nd Tue, $4900 on 3rd Wed
$10000 local 1st Mon, $100 on 2nd Tue, $4900 on 3rd Wed, $5000 on 10th Wed
$5000 non-local 1st Mon, $100 on 2nd Tue, $4900 on 8th Mon
$10000 non-local 1st Mon, $100 on 2nd Tue, $4900 on 8th Mon, $5000 on 16th Tue

Consumer Checking Account Fairness Act