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depositing large checks
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johnwayne360
Posted 3/9/2025 16:27 (#11139995)
Subject: depositing large checks


near dyersville iowa
received a large check last week. went to bank to deposit, as banking app will not take a check this large. Bank teller informs me that only 30% of the check will be available immediately. Not ideal. guess ill have to factor that in when contracting crops from now on. It seems this is a thing among both banks and credit unions now. Claim that it is to protect from check fraud. I always thought banks could verify checks immediately these days?
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