Review the provisions of the Check Clearing for the 21st Century (Check 21) Act. This legislation enabled banks to clear checks electronically, rather than sending them to the institution that wrote them. This greatly expedited the process of funds being transferred between institutions. Read your bank's "Account Agreement," which outlines procedures for placing holds on checks and the maximum time a check can be held. Banks do this to protect themselves from bad checks and other fraud.
Go to your bank and speak with a bank representative. Explain that you have a cashier's check you need to deposit and would like to have no hold placed on the check.
Provide the representative with your identification and account information. Fill out a deposit slip with all pertinent information. Inquire about the bank's Check 21 procedures--the representative will likely explain that while the check may "clear," the system is not perfect and discrepancies arise, which is why the bank still places a hold on checks.
Ask the bank representative to call the institution that issued the cashier's check to verify the amount and the payee on the check. Once the funds are verified, the hold should be lifted.