If you deposit into your account:
- Checks totaling more than $5,000 on any one day, the
first $5,000 deposited on any one banking day will be available to
you according to our general policy. The amount in excess of $5,000
will generally be available on the (number) business day after
the day of deposit for checks drawn on (bank name), the (number) business day after the day of deposit for local checks
and (number) business day after the day of deposit for nonlocal
checks after the day of your deposit. If checks (not drawn on us)
that otherwise would receive next-day availability exceed $5,000,
the excess will be treated as either local or nonlocal checks depending
on the location of the paying bank. If your check deposit, exceeding
$5,000 on any one day, is a mix of local checks, nonlocal checks,
checks drawn on (bank name), or checks that generally receive
next-day availability, the excess will be calculated by first adding
together the (type of check), then the (type of check), then the (type of check), then the (type of check).
- A check that has been returned unpaid, the funds
will generally be available on the (number) business day after
the day of deposit for checks drawn on (bank name), the (number) business day after the day of deposit for local checks
and the (number) business day for nonlocal checks. Checks (not
drawn on us) that otherwise would receive next-day availability will
be treated as either local or nonlocal checks depending on the location
of the paying bank.
