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Expedited Funds Availability Act

en.wikipedia.org/wiki/Expedited_Funds_Availability_Act

The Expedited Funds Availability Act (EFA or EFAA) was enacted in 1987 by the United States ... The law is codified in Title 12, Chapter 41 of the US Code and Title 12, Part 229 of the Code of Feder...

united states - What laws govern check clearing in the US ...

money.stackexchange.com/questions/5339/what-laws-govern-check-clearing-in-the-us

I know that it's not a real clearing - i.e. if the check happens to be bad (never happened to me, but so I heard) it can come back a long time after ...

FRB: Regulation CC (Availability of Funds and Collection of Checks)

www.federalreserve.gov/paymentsystems/regcc-about.htm

Oct 17, 2013 ... The EFAA also gave the Board the authority to regulate the nation's check- clearing system more generally. Pursuant to this authority, the Board ...

FDIC: Check Clearing for the 21st Century (Check 21 Act)

www.fdic.gov/consumers/assistance/protection/check21.html

Apr 25, 2016 ... The Check Clearing for the 21st Century Act (Check 21) is a federal law that is designed to enable banks to handle more checks electronically, ...

PERSONAL FINANCE - The Dreaded Check-Clearing Bottleneck ...

www.nytimes.com/1988/03/06/business/personal-finance-the-dreaded-check-clearing-bottleneck.html

Mar 6, 1988 ... They asked the buyer of the co-op to furnish a certified check at the first ... area, the holding time is extended to three business days for commercial ... which has issued proposed regulations to put the new law into effect, says it ...

OCC: Writing a Check: Understanding Your Rights

www.occ.treas.gov/topics/consumer-protection/depository-services/writing-check.html

The checks you write might be "clearing" - the money is being taken out of your ... A federal rule governs the maximum time your bank can wait before making ... A new federal law known as the "Check 21 Act" makes it easier for banks to create  ...

When Does Deposited Check Clear? | Bankrate.com

www.bankrate.com/finance/banking/when-does-deposited-check-clear.aspx

Waiting for a deposited check to clear in your bank account might be frustrating. ... The time of day you deposited the check into the ATM will influence the .... an account does not "feel" like something our government would put in as a Law.

How To Make Sure Your Checks Clear Faster

www.consumerhelpcentral.com/check-clear-fast/

Apr 1, 2015 ... How fast will that check clear? ... your account and it would be available immediately, and other times it would take a few days to clear. ... The law broke banks down into geographic zones, providing different holding periods ...

How long does it take to clear a check that was deposited on ...

www.reference.com/business-finance/long-clear-check-deposited-wednesday-13deba0ed798c9dd

The time it takes a deposited check to clear depends on the policies of the particular bank an individual is using. Each bank operates by its own rules, although ...

How long does it take for a check to clear? | Reference.com

www.reference.com/business-finance/long-check-clear-52d2a46361758ca9

The time it takes for a check to clear depends on the nature of the deposit and the underlying bank's policies. When banks process checks, the funds are taken ...

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FRB: FAQs about Check 21

www.federalreserve.gov

Aug 6, 2013 ... The Check Clearing for the 21st Century Act (Check 21) was signed into law ... The law does not require banks to accept checks in electronic form nor does it ... Check-processing speeds should continue to increase, over time, ...

Funds Availability: When Will Your Deposit Clear? | WalletHub®

wallethub.com

The good news is federal regulation limits the time your financial institution can .... Keep in mind that funds can be released to you before a check has “cleared.

How Long It Takes a Check to Clear at Top 10 Banks | MyBankTracker

www.mybanktracker.com

Jun 8, 2016 ... The actual time of how long it will take for the check to clear won't stray too .... Depending on the situation and state laws, the bank customer is ...