BankingTech FinTech

[Discussion] Question regarding a large deposit

December 31, 2020 at 10:23PM

So I deposited a large check on 12/29. I was told that a small amount would be made available today and the rest sometime next week. Nothing has been deposited into my account yet. I called my bank and they told me they could not verify that the funds were available in the account the check is from so they placed a longer hold on the deposit. However, I know for certain and have proof that the funds are there. Is this normal with large deposits? I am kind of new to banking so I’m not sure how this normally goes. I was counting on that money this week so I’m just a little worried.

submitted by /u/sydsez
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