Availability of Mobile Check Deposits. Generally, mobile check deposits will be available no later than the fifth business day after the day of deposit. A portion of the deposit may be made available earlier. Please note that checks deposited using our Mobile Deposit feature are not subject to the funds availability requirements of Regulation CC. This will be true even if we provide you with Regulation CC disclosures or notices. We reserve the right to place an extended hold on your deposited funds. The estimated timeline for funds availability for a mobile check deposit can be found in the SoFi Mobile App at the time of your deposit. In certain cases, we may need additional time to process your mobile check, which could delay funds availability.
Availability of Mobile Check Deposits. Generally, mobile check deposits will be available no later than the fifth business day after the day of deposit. A portion of the deposit may be made available earlier. The first $5,000 of mobile checks drawn from a SoFi Bank account will be made available on the next business day after the day of deposit, with the remainder being made available on the 2nd business day after the day of deposit. Please note that checks deposited using our Mobile Deposit feature are not subject to the funds availability requirements of Regulation CC. This will be true even if we provide you with Regulation CC disclosures or notices. We reserve the right to place an extended hold on your deposited funds. The estimated timeline for funds availability for a mobile check deposit can be found in the SoFi Mobile App at the time of your deposit. In certain cases, we may need additional time to process your mobile check, which could delay funds availability.
