Common use of Holds on Other Funds (Check Cashing Clause in Contracts

Holds on Other Funds (Check Cashing. If we cash a check for you that is drawn on another financial institution, we may withhold the availability of a corresponding amount of funds that is already in your account. Those funds will be available at the time funds from the check we cashed would have been available, if you had deposited it. For example, if LGFCU cashes a $500 check for you, $500 of funds already in your account may not be available until up to the fifth business day after the day LGFCU cashed the check.

Holds on Other Funds (Check Cashing. If we cash a check for you that is drawn on another financial institution, we may withhold the availability of a corresponding amount of funds that is already in your account. Those funds will be available at the time funds from the check we cashed would have been available, if you had deposited it. For example, if LGFCU SECU cashes a $500 check for you, $500 of funds already in your account may not be available until up to the fifth business day after the day LGFCU SECU cashed the check.

Holds on Other Funds (Check Cashing. If we cash a check for you that is drawn on another financial institution, we may withhold the availability of a corresponding amount of funds that is already in your account. Those funds will be available at the time funds from the check we cashed would have been available, available if you had deposited it. For example, if LGFCU GKCU cashes a $500 check for you, $500 of funds already in your account may not be available until up to the fifth seventh business day after the day LGFCU GKCU cashed the check.

Holds on Other Funds (Check Cashing. If we cash a check for you that is drawn on another financial institution, we may withhold the availability of a corresponding amount of funds that is already in your account. Those funds will be available at the time funds from the check we cashed would have been available, available if you had deposited it. For example, if LGFCU cashes a $500 check is cashed for you, $500 of funds already in your account may not be available until up to the fifth seventh business day after the day LGFCU cashed the checkcheck was cashed.

Holds on Other Funds (Check Cashing. If we cash a check for you that is drawn on another financial financial institution, we may withhold the availability of a corresponding amount of funds that is already in your account. Those funds will be available at the time funds from the check we cashed would have been available, if you had deposited it. For example, if LGFCU cashes a $500 check for you, $500 of funds already in your account may not be available until up to the fifth fifth business day after the day LGFCU cashed the check.

Holds on Other Funds (Check Cashing. If we cash a check for you that is drawn on another financial institution, we may withhold the availability of a corresponding amount of funds that is already in your account. Those funds will be available at the time funds from the check we cashed would have been available, available if you had deposited it. For example, if LGFCU the Credit Union cashes a $500 check for you, $500 of funds already in your account may not be available until up to the fifth seventh business day after the day LGFCU cashed the check.

Holds on Other Funds (Check Cashing. If we cash a check for you that is drawn on another financial institution, we may withhold the availability of a corresponding amount of funds that is already in your account. Those funds will be available at the time funds from the check we cashed would have been available, if you had deposited it. For example, if LGFCU GKCU cashes a $500 check for you, $500 of funds already in your account may not be available until up to the fifth business day after the day LGFCU GKCU cashed the check.