How long does it take for a check to clear?

+1 vote
asked Jun 20, 2018 in Other-Finance by Gustavs (370 points)
How long does it take for a check to clear?

1 Answer

0 votes
answered Jun 20, 2018 by Jasire (26,200 points)
Checks will usually clear your bank within 2 to 3 days of writing the check.

So once someone cashes or deposits your check then the funds will usually come out of your account within 2 to 3 days but sometimes the funds may come out of your checking account the same day the check is cashed.

It just depends on the bank and if you write a check for a store such as Walmart the funds will be immediately taken from your checking account through an electronic debit machine that the check is ran through.

So if you don't have the funds in the bank to cover the check then the check will be declined at the store.

101,241 questions

97,011 answers

1,290 comments

7,002,326 users

...