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by Answerbag Staff on December 25th, 2009

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How long does it take for a personal check to clear?

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  • by Roz Zurko on December 25th, 2009

    Answerbag Experts

    Great Answer

    Professionally Researched. (What's this?)

    As soon as the check is presented to the bank, the funds are electronically cleared for the amount in which your check is written. This may not show up on your account balance until the next business day, but the funds are being held. The transaction is the same at the many businesses that have the check clearing system.

    Source:

    MSNBC, Personal Finance

    Bank of America, Call Center

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