FTP Check on hold by Chase - a couple of questions

[Annorax]

[ QUOTE ]
The FTP check I got for only a few hundred is on a 14 day hold. It is drawn off a Canadian Bank in U.S. dollars.

The oddest check I have received yet from a site since October. Says in small print U.S. Funds, which looks like I added it myself, not even in the same font size as the rest of the check. Found out this is why my bank has held it, they don't think it is drawn on U.S. funds.

Fcccuk the U.S. Gov and ffffccuk these goofy checks. This is getting old.

-Brendan

[/ QUOTE ]

Report that to the site. They don't want shady processors and shady check processing actions making them look shady.

The 14 day hold is SOP. They have to use a collections process to clear a check from a non-US bank, whether or not it's in US funds, and that's about how long it takes to clear it.