Knowing when money will be credited to your checking or savings account is key for financial planning. While some factors may delay the process, most checks clear within one to two business days.
A Treasury Department edict that will force banks to change their check-clearing processes a year ahead of schedule is causing a furor in the banking industry. The Treasury’s plan to convert all paper ...
WASHINGTON — Remember back in the day when you wrote a check and you could count on at least a few days before it was cleared by your bank? That "float'' bought you some time for a check you deposited ...
WASHINGTON -- A new Federal law allowing for all-electronic check transaction processing promises to make having reliable and secure network services even more of a necessity going forward. On Oct. 28 ...
Remember back in the day when you wrote a check and you could count on at least a few days before it was cleared by your bank? That "float" bought you time to deposit a check to cover funds for one ...
This week, U.S. banks will reach the first mandated milestone on the way to what’s arguably the biggest change in the way they process checks since the introduction of magnetic ink character ...
We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. When you deposit a check ...