How can one bank continue to hold funds when evidence shows a check has cleared the bank it’s written on?
Posted December 28th, 2009 by admin 2 Comments »
iammajella asked:
Isn’t this double dipping? The bank doing the hold gets interest on deposited funds. They collect interest on my funds while I cannot use my funds because of their continuing hold of 5 business days. Report them to the Federal Reserve Bank and let’s stop them.
Isn’t this double dipping? The bank doing the hold gets interest on deposited funds. They collect interest on my funds while I cannot use my funds because of their continuing hold of 5 business days. Report them to the Federal Reserve Bank and let’s stop them.