[UMTerp]

Chexx Deposit Trip Report

I took a 6-figure Stars/Chexx check to my bank (Suntrust) today for deposit. Went up to the teller, everything went fine there, she said they'd take it to her manager. I sat down with the manager, maybe a half hour total, most of it with her in and out of the room checking various things. Ended up with a deposit slip no problem, but she said my money would not be accessible until February 16th. A 10-business day hold on the check. I asked if there was any chance the money would be accessible earlier, and she said probably not. Asked why the hold was there, and she said that the routing number on the check was not in "their book", and they weren't sure it would clear. Fair enough, I don't balme them for being cautious. I was pleased enough with the transaction I guess. I'm confident that if everything's fine on Stars/Chexx's end, I'll get paid. They took the check, said my money would be accessible if it clears, and that's all I can ask for I guess. So I'll wait the two weeks and see if it's in there...

I doubt that's a lot of help to anyone, but it's another perspective for anyone that's paranoid (like I was before today).