Regulation CC Banking 10 Day Hold on Check Federal Regulation

Posted on January 10, 2017 By

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Why does your bank put a 10 day hold on your check deposit over $5,000?

Federal Regulation CC

This regulation seems to deal with two specific things regarding holding deposits.

  1. Making funds available for withdrawal within the times prescribed by the regulation
  2. Providing funds availability disclosures and notices to customers

As far as I can tell, an individual bank will have their own policies when it comes to holding checks.

For more information about Reg CC visit this page on Federal Reserve website: theĀ https://www.federalreserve.gov/pubs/regcc/regcc.htm

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