There was a law passed some years ago that when a check is presented to a bank it is processed immediately, it should clear the next day, mine does. No more check floating for the floaters.
How long do you wait for a check to clear
Hello, I'm selling some equipment for several thousand dollars. I told the buyer that I would take a personal check and send the equipment after it clears. My bank said that they couldn't tell me when it cleared, only if it was returned. They said that in most cases it should be ok in 10 business days. I'm not sure when to ship the equipment Does anyone have any experience with this? Help!!