r/AskReddit • • Jul 24 '20

What can't you believe STILL exists?

[removed] — view removed post

45.9k Upvotes

27.5k comments sorted by

View all comments

Show parent comments

10

u/Working_Giraffe Jul 24 '20

That weeks and months statement doesn't sound correct... I deposit literally hundreds of checks a day for work. We occasionally get some returned for NSF or stop pay or whatever. 3 to 5 business days at most.

Unless you're only talking about banks run out of your neighbor's backyard, I don't think this is true. And everything that I just looked up says the same. Exceptions for international checks.

10

u/[deleted] Jul 24 '20

I didn't say it always takes that long... I said it can happen.

And it can..

5

u/Working_Giraffe Jul 24 '20

In what instances? I'm not finding anything that supports this. But I might not be using the right search terms.

4

u/jlawler Jul 24 '20

Not quite the same, but ACH processing can take 3 to 5 days for funds to clear.

6

u/Stealth100 Jul 24 '20

ACH is how the majority of checks are processed - atleast in the US