Survivalist Pro
Photo by Monstera Pexels Logo Photo: Monstera

Can banks refuse to give you your money?

refuse to cash my check? There is no federal law that requires a bank to cash a check, even a government check. Some banks only cash checks if you have an account at the bank. Other banks will cash checks for non-customers, but they may charge a fee.

federalreserveconsumerhelp.gov - Can a bank - Federal Reserve Consumer Help
Can a child read too much?
Can a child read too much?

Their dazzling ability to read is in fact a rare syndrome called hyperlexia, which means excessive reading. The illness, which affects mostly boys,...

Read More »
How much money do you need to live an entire life?
How much money do you need to live an entire life?

Using the 25 times rule, you would need at least $1 million. The next step is to set a goal for when you could achieve that savings goal. Mar 29, 2021

Read More »

Banks can place "holds" on checks for a variety of reasons. Most commonly, banks hold a check because the collection of the money may be in doubt or the check looks suspicious for some reason. Holds may also be placed when a large dollar amount ($5,525 or more in checks) is deposited in one day or when funds are deposited into a new account (opened 30 or fewer days ago). A federal law, the Expedited Funds Availability Act (EFA), or Regulation CC, provides exceptions that allow banks to delay or "hold" funds deposited by check for an extended period of time. When this happens, you must be given a notice stating the reason for the hold and when your funds are available for withdrawal. Please see the Deposit Accounts and Deposit Insurance section for additional details. You may also want to review the account agreement you received when you opened your account for details about your bank's funds availability policies and procedures. A bank must give you a copy of its deposit availability disclosure upon request.

When Will Your Funds Be Available

Type of Deposit When Available ** Direct deposits Day of deposit Wire transfers Next business day (Mon-Fri) First $225 of any non-"next-day" check deposited Next business day (Mon-Fri) Cash* Next business day (Mon-Fri) U.S. Treasury checks (deposited in person or at ATMs owned by your financial institution) Next business day (Mon-Fri) U.S. Postal Service money orders* Next business day (Mon-Fri) State or local government checks* Next business day (Mon-Fri) Cashier's, certified, or teller's checks* Next business day (Mon-Fri) Checks and money orders drawn on another account at the same financial institution Next business day (Mon-Fri) Federal Reserve Bank and Federal Home Loan Bank checks* Next business day (Mon-Fri) Any other checks and non-U.S. Postal Service money orders Second business day (after the day of deposit) Deposits (of items noted by "*") made at an ATM owned by your financial institution Second business day (after the day of deposit) Deposits made at an ATM not owned by your financial institution Fifth business day (after the day of deposit)

* Deposited in person

** Maximum hold allowed; your funds may be available sooner - check with your financial institution

Are yakuza violent?
Are yakuza violent?

Violence for the most part happens between gang branches or non-yakuza gangs within Japan. The yakuza punish their own, sometimes infamously...

Read More »
What is Sam in CPR?
What is Sam in CPR?

Interview the person (or bystanders, if necessary), ask questions about signs and symptoms, allergies, and medications and medical conditions (SAM)

Read More »

What shortages are coming?
What shortages are coming?

4 Notable Product Shortages in 2022 Groceries and Food. Empty shelves are becoming common in groceries across North America and Europe. ......

Read More »
What are the 10 most important things that you included in your survival or go bag?
What are the 10 most important things that you included in your survival or go bag?

Survival kits should have supplies and tools to provide basic protection against the elements, meet health and first aid needs, and signal to...

Read More »
How long will a PS4 last?
How long will a PS4 last?

On average, a PS4 can last 5 years at least. However, things could be different in certain cases. To make sure your PS4 can last longer, you need...

Read More »
How many years overdue is the Big One?
How many years overdue is the Big One?

Parts of the San Andreas fault have not ruptured in over 200 years, meaning it's overdue for a high-magnitude earthquake commonly referred to as...

Read More »