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Old 10-10-2011, 03:46 PM
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Quote:
Originally Posted by calvindog View Post
Ed, in today's day and age, banks clear checks in a matter of hours or maybe a couple days. When you access your account online it is made very clear what has and what has not cleared. There is not a bank in the country which takes 14 days to clear a check unless if it's perhaps a foreign check.
You can see if your check has cleared your account, but you can not see if someone else's check has cleared their account unless you have access to their account. If I deposit a check today it will usually show as part of my available account balance immediately, but that does not mean that the check has cleared the account of the person who wrote the check. According to the manager at my bank, that process can take several days and Ed is correct in that you are not notified when a check has cleared, only when it doesn't.
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