The YAN-3 Fund.

[rcsoundn1]

I bought a car on the weekend once and ran from ATM to ATM to get out the 2k+ I needed. I prefer credit unions though. One time I was going to be overdrawn, and they held the check until I cam with funds to cover it. TD bank used to "reorganize" my deposits and WDs so I would get hit with overdraft fees. I actually watched them do it online to my account the 2nd time. Went right in and closed all my accounts that day.

[ThatOneEuroE30]

CU's, especially smaller ones, have a limit on how much cash a teller can have in the drawer at a time. The limit is basically dictated by their insurance coverage, so that's why they might make you give them a little advance notice if you need significant cash.

The over 10k cash thing is federal law though, no way around that one.

Ah i see.

[BobombETA]

+1 I went and got like 3k out one time and had to jump through hoops to get apporved to withdraw that amount. bank even called the person that wrote the check to me for 3k when i cashed it.

CU's, especially smaller ones, have a limit on how much cash a teller can have in the drawer at a time. The limit is basically dictated by their insurance coverage, so that's why they might make you give them a little advance notice if you need significant cash.

The over 10k cash thing is federal law though, no way around that one.

[nando]

maybe, but have you ever tried to withdraw that in cash? Im sure that would raise a few brows... if they even have that much cash on hand to give you

$10k cash? no, but I got $7k before. I'm sure they have more than $10k in the vault.

I also wrote myself a check for $3500 and tried to deposit it into a bank once. I had to wait 7 days and they could easily have verified that the funds were legit. It doesn't take a week to move 1's and 0's from one account to the next, what they are doing is holding the funds and collecting interest on them while screwing the customers over.

[ThatOneEuroE30]

maybe, but have you ever tried to withdraw that in cash? Im sure that would raise a few brows... if they even have that much cash on hand to give you

+1 I went and got like 3k out one time and had to jump through hoops to get apporved to withdraw that amount. bank even called the person that wrote the check to me for 3k when i cashed it.

[clavinZERO]

Glad to see this all getting resolved.

Nando... +1 for Credit Unions!

[2mAn]

maybe, but have you ever tried to withdraw that in cash? Im sure that would raise a few brows... if they even have that much cash on hand to give you

[nando]

banks suck. I can drop a $10k check into my credit union account and have the funds immediately without them batting an eye.

[2mAn]

With a large check deposit ($5000+) you will typically see a 2 business day hold, up to 5 business days. Worst case scenario it should be available Friday

[mrsleeve]

yes that can also play into it...

Like my bank will not make standard deposit made on a Saturday am. available until 8am Monday, all other standard deposits on normal business days and hours are available immediately, as are bank wires and direct deposits

[DrJosh]

being that the 13th was a friday, it may depend on his banks deposit and funds availability rules. Some banks take longer than others to make standard deposits accessible, like the next business day. ( ie monday)

It also depends on your banking history. If he has a history of bad checks, or an account with multiple flags (NSF), they will hold the check for x amount of days.

[mrsleeve]

YOu can send money through PP immediately and the funds will be pulled from your bank account. The transfer can happen today and you will even have time to post proof.

It's a win/win.

being that the 13th was a friday, it may depend on his banks deposit and funds availability rules. Some banks take longer than others to make standard deposits accessible, like the next business day. ( ie monday)

[phreshkid]

Do we have a happy customer? Is Yan finally made whole on your three year old promise?

[phreshkid]

Spoke with Yan today, I put the funds in the bank today, just a few days for it to transfer into my PP account, and I will then transfer the funds to him.

YOu can send money through PP immediately and the funds will be pulled from your bank account. The transfer can happen today and you will even have time to post proof.

It's a win/win.

[Jand3rson]

Spoke with Yan today, I put the funds in the bank today, just a few days for it to transfer into my PP account, and I will then transfer the funds to him.