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Depositing paycheck Washington

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  • Depositing paycheck Washington

    How long can a bank hold a deposit before posting it to an account?

    If the check clears after 2 days they still will not post the funds for another 3 days. The current bank says they will hold it for 5 days as that is their policy!

    Is that legal?

    Thanks

    Neil

  • #2
    This really doesn't fall under employment law. You may have better luck in one of the banking and finance forums.
    I post with the full knowledge and support of my employer, though the opinions rendered are my own and not necessarily representative of their position. In other words, I'm a free agent.

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