Go Back   AnandTech Forums > Social > Off Topic

Forums
· Hardware and Technology
· CPUs and Overclocking
· Motherboards
· Video Cards and Graphics
· Memory and Storage
· Power Supplies
· Cases & Cooling
· SFF, Notebooks, Pre-Built/Barebones PCs
· Networking
· Peripherals
· General Hardware
· Highly Technical
· Computer Help
· Home Theater PCs
· Consumer Electronics
· Digital and Video Cameras
· Mobile Devices & Gadgets
· Audio/Video & Home Theater
· Software
· Software for Windows
· All Things Apple
· *nix Software
· Operating Systems
· Programming
· PC Gaming
· Console Gaming
· Distributed Computing
· Security
· Social
· Off Topic
· Politics and News
· Discussion Club
· Love and Relationships
· The Garage
· Health and Fitness
· Merchandise and Shopping
· For Sale/Trade
· Hot Deals with Free Stuff/Contests
· Black Friday 2013
· Forum Issues
· Technical Forum Issues
· Personal Forum Issues
· Suggestion Box
· Moderator Resources
· Moderator Discussions
   

Reply
 
Thread Tools
Old 09-23-2010, 02:40 PM   #1
Homerboy
Lifer
 
Homerboy's Avatar
 
Join Date: Mar 2000
Location: MKE, WI
Posts: 19,454
Default How long does it take for a cashiers check to clear?

I have a sizable cashiers check (5 digits) from a family member (no Nigerian scams here) that will be deposited into my account.

How long, on average, does it take for those funds to be available? I know cash is instantenous. Large, personal checks can take 7-10 business days. But a cashier check? I don't know.
__________________
"Ah... In a time of such ugliness, the only true protest is to be beautiful." - Refused
Homerboy is offline   Reply With Quote
Old 09-23-2010, 02:42 PM   #2
DominionSeraph
Diamond Member
 
DominionSeraph's Avatar
 
Join Date: Jul 2009
Location: Equestria
Posts: 7,892
Default

immediately available.
DominionSeraph is offline   Reply With Quote
Old 09-23-2010, 02:45 PM   #3
Homerboy
Lifer
 
Homerboy's Avatar
 
Join Date: Mar 2000
Location: MKE, WI
Posts: 19,454
Default

Quote:
Originally Posted by DominionSeraph View Post
immediately available.
same as cash then.
Very good. This is what I figured/hoped but was not 100% sure on.
__________________
"Ah... In a time of such ugliness, the only true protest is to be beautiful." - Refused
Homerboy is offline   Reply With Quote
Old 09-23-2010, 02:48 PM   #4
kranky
Elite Member
 
kranky's Avatar
 
Join Date: Oct 1999
Location: Swissvale, PA
Posts: 19,911
Default

I would not assume a five-figure check would be immediately available unless the bank manager him/herself told me that. Cashier's check or not.
__________________
Asus P7P55D EVO · i7-860 · PNY 1GB 9600GT · 12GB · 2x WD 640GB Black · Corsair HX650 PSU · Lian Li PC-B10
kranky is offline   Reply With Quote
Old 09-23-2010, 02:52 PM   #5
acheron
Diamond Member
 
acheron's Avatar
 
Join Date: May 2008
Posts: 3,064
Default

A cashier's check is an obligation of the issuing bank, so the depositing bank generally doesn't worry about lack of available funds or something. Should be cleared instantly barring an odd circumstance (issued by an international bank, etc.).

If it turns out to be fake later on, they will take the money back, but assuming you trust your family member then that shouldn't be a problem.
__________________
For instance, on the planet Earth, man had always assumed that he was more intelligent than dolphins because he had achieved so much -- the wheel, New York, wars, and so on -- while all the dolphins had ever done was muck about in the water having a good time. But conversely, the dolphins had always believed that they were far more intelligent than man, for precisely the same reasons.
acheron is offline   Reply With Quote
Old 09-23-2010, 02:53 PM   #6
dank69
Lifer
 
dank69's Avatar
 
Join Date: Oct 2009
Location: Corner of FORECLOSURE and BÅNKRUPTCY ST.
Posts: 11,979
Default

Quick, add some more zeroes before you cash it!
__________________
Nemesis 1: Above your age please. The climate is in fact warmer now . Maybe this erection will cool things down mother earth shes hot.

pcgeek11: IMO: Being gay is not a minority. It is a genetic defect

Idontcare: dank69 is hereby permabanned.
dank69 is offline   Reply With Quote
Old 09-23-2010, 02:55 PM   #7
Homerboy
Lifer
 
Homerboy's Avatar
 
Join Date: Mar 2000
Location: MKE, WI
Posts: 19,454
Default

Quote:
Originally Posted by acheron View Post
A cashier's check is an obligation of the issuing bank, so the depositing bank generally doesn't worry about lack of available funds or something. Should be cleared instantly barring an odd circumstance (issued by an international bank, etc.).

If it turns out to be fake later on, they will take the money back, but assuming you trust your family member then that shouldn't be a problem.
This is what I tought.
__________________
"Ah... In a time of such ugliness, the only true protest is to be beautiful." - Refused
Homerboy is offline   Reply With Quote
Old 09-23-2010, 02:56 PM   #8
a123456
Senior Member
 
Join Date: Oct 2006
Posts: 885
Default

A day to be realistic. Cashier checks, like regular checks can have a stop payment issued on them, I think. It's this one day that lots of real estate people use to make sure there's no fraud. Also, make sure the cashier check is not expired because that would also invalidate it.

Probably better to check with a bank, though, instead of my guesswork.
a123456 is offline   Reply With Quote
Old 09-23-2010, 03:01 PM   #9
OCGuy
Lifer
 
OCGuy's Avatar
 
Join Date: Jul 2000
Location: CA
Posts: 27,140
Default

Not true. If it is from an out-of-state bank, they can place a hold on the check still.
__________________
4670k @ 4.2
MSI Gaming GTX770 @ 1246/7500
OCGuy is offline   Reply With Quote
Old 09-23-2010, 03:05 PM   #10
Homerboy
Lifer
 
Homerboy's Avatar
 
Join Date: Mar 2000
Location: MKE, WI
Posts: 19,454
Default

Quote:
Originally Posted by OCGuy View Post
Not true. If it is from an out-of-state bank, they can place a hold on the check still.
In-state.
In-city in fact.
__________________
"Ah... In a time of such ugliness, the only true protest is to be beautiful." - Refused
Homerboy is offline   Reply With Quote
Old 09-23-2010, 03:06 PM   #11
OCGuy
Lifer
 
OCGuy's Avatar
 
Join Date: Jul 2000
Location: CA
Posts: 27,140
Default

Then yep it will post at midnight.
__________________
4670k @ 4.2
MSI Gaming GTX770 @ 1246/7500
OCGuy is offline   Reply With Quote
Old 09-23-2010, 03:31 PM   #12
overst33r
Diamond Member
 
overst33r's Avatar
 
Join Date: Oct 2004
Posts: 5,603
Default

Quote:
Originally Posted by Homerboy View Post
same as cash then.
Very good. This is what I figured/hoped but was not 100% sure on.
Nope. Not at all. Can be anywhere from a few minutes to a few days depending on the banks involved and their procedures.

Quote:
Originally Posted by acheron View Post
A cashier's check is an obligation of the issuing bank, so the depositing bank generally doesn't worry about lack of available funds or something. Should be cleared instantly barring an odd circumstance (issued by an international bank, etc.).

If it turns out to be fake later on, they will take the money back, but assuming you trust your family member then that shouldn't be a problem.

This.
__________________
.. 135
.. ╠╬╬╗
.. 246 R
Past | Present | Future
overst33r is offline   Reply With Quote
Old 09-23-2010, 04:52 PM   #13
D1gger
Diamond Member
 
D1gger's Avatar
 
Join Date: Oct 2004
Location: Victoria/Vancouver
Posts: 5,380
Default

So you are related to a Nigerian Prince??
__________________
Contentment is not the fulfillment of what you want, but the realization of how much you already have.

All man's miseries derive from not being able to sit quietly in a room alone. - Blaise Pascal
D1gger is offline   Reply With Quote
Old 09-23-2010, 04:56 PM   #14
SKORPI0
Lifer
 
SKORPI0's Avatar
 
Join Date: Jan 2000
Location: I'm from the internet
Posts: 11,731
Default

Quote:
Originally Posted by dank69 View Post
Quick, add some more zeroes before you cash it!
What a dumbass.
__________________
HP TouchPad - Dual boot Android CM10 (Jelly Bean 4.12) and webOS (F4 Phantom Kernel).
Anandtech Off Topic [Archive] - May 2000-present
i7 3930k @ 4.3GHz @ 1.28v, Asus Sabertooth X79, 32GB (4x8GB) DDR3 1866, PNY GTX 680 4GB, CM HAF 932 Advanced, CM Silent Pro Gold 1kW.
NZXT Kraken X60 PULL, Samsung 830 128gb SSD (Windows 7), Kingston
SSDNow V300 120gb (OS X 10.8.2), Dual Yamakasi 2703, Logitech MK320.
SKORPI0 is online now   Reply With Quote
Old 09-23-2010, 07:24 PM   #15
13Gigatons
Diamond Member
 
13Gigatons's Avatar
 
Join Date: Apr 2005
Location: Earth
Posts: 5,089
Default

What bank issued the check?
__________________
●●Win7 Upgrade **Matrix**●●
13Gigatons is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 06:18 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.