Next Business Day Items
Under normal circumstances, U.S. Treasury Checks, U.S. Postal Service money orders, government checks, cashiers' or official checks, Federal Reserve checks, Federal Home Loan checks, checks drawn on the depositing bank and the first $100 of all deposits must be made available on the next business day.
Typically, checks from a bank that is in the same federal reserve district as the bank where the check is being deposited must be available in two business days.
If the check is from a bank in a different federal reserve district than the depositing bank, it can be held for five business days under normal circumstances.
Exceptions for New Customers During the First 30 Days
Banks are not required to give next day ability on the first $100 of deposits, and both local and non-local personal and business checks can be held for a maximum of 11 business days. For items typically available on the next day, the first $5,000 must be released on the next business day, but any amount over $5,000 can be held for nine business days.
Other Exceptions for Personal and Business Checks
If a deposit is for more than $5,000, has been returned once for non-sufficient funds, is being deposited into an account that has been repeatedly overdrawn, or is being deposited at a bank that has lost their computer systems due to an emergency condition, local and non-local checks can be held for seven and 11 business days, respectively.
Exceptions for Other Items
If any of the conditions above apply to a next day item, the bank can place an extended hold on checks drawn on the same bank as where the deposit is being made for two business days. When the conditions exist for U.S. Treasury or U.S. Postal money orders, they may be held for seven business days, and all other next day items can be held for up to 11 business days.