Pokerstars Paper Check Trip Report

[augie_]

Requested a check from stars on Sunday night for about 3k. It arrived at my door this morning at about 9:00. Went to the bank at 9:30 to deposit.

The teller had a funny look on her face and after about 3 minutes of clicking on her computer screen, she said there would be a five day hold on the funds from this check. I become very worried and say "no problem" and leave.

I have deposited a check from pokerstars before. There was no problem and no "hold." However, the last check was only for about $300. This one was for $3200. I will update in 5 days to tell everyone if I got the money. But I am worried for sure.

[SlapPappy]

Isn't this normal? For a check over a certain amount to have a waiting period?

[hachkc]

[ QUOTE ]
Non-Local: Non-local checks are drawn on banks outside the check-processing region where the deposit is being made. These funds must be available to you by the morning of the fifth business day after the day of deposit. Beware--deposits of cash or checks made at ATMs not located at the bank with which they're affiliated can be held as long as non-local checks.


[/ QUOTE ]

http://www.msmoney.com/mm/banking/ar..._holdcheck.htm

[DrSavage]

How did the check look ? Did it state on the check that it was from pokerstars or it just had credentials of london bank ?

[augie_]

[ QUOTE ]
How did the check look ? Did it state on the check that it was from pokerstars or it just had credentials of london bank ?

[/ QUOTE ]

the check was very large and fake looking. however, there was nothing on the check to indicate that it came from pokerstars or any gambling site.

[1p0kerboy]

I was gonna post this same topic this morning.

Monday AM I request a check >$1000.
Wednesday AM it arrives via Fedex.

The check looks like a foreign check but it says U.S. bank on it.

This afternoon I am depositing.

FWIW I don't believe it is unusual for banks to put a hold on out of state checks.

[1p0kerboy]

Augie,

we both seem to have gotten our checks extremely fast. Where do you live? I'm in Florida.

[winchips]

its very common for banks to wait for it to clear if you dont have that much money in your account.

In other words if you account had $5000 in it they would cash it and if it didnt clear take it out of your account. But if you only have $50 in the account you will have to wait until it clears.

[1p0kerboy]

And for those who are unaware:

Checks<$1000 are shipped via standard mail and take 10-15 business days I believe.

[N 82 50 24]

Any check delivered via the courier service will be extremely fast.

I'm interested to hear more about this check hold because I might be requesting a PokerStars check for the first time post-NETELLER US shutdown.