Options
New limits on depositing checks?

Excuse me if this was discussed and I missed it, but I just got my personal checking account statement, and in it was a letter that said that as of July 1, 2025, if I deposit checks totaling more than $6,725 on any one day the money may not be available for up to SEVEN business days.
Is everybody getting this, or is it just my bank?
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
0
Comments
I haven't heard of anything like that from the 3 different banks i have accounts with.
Successful transactions with forum members commoncents05, dmarks, Coinscratch, Bullsitter, DCW, TwoSides2aCoin, Namvet69 (facilitated for 3rd party), Tetromibi, ProfLizMay, MASSU2, MWallace, Bruce7789, Twobitcollector, 78saen, U1chicago, Rob41281
You might want to (no pun intended) “check” a banking forum.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
As a matter fact I just heard this today. This morning I transferred $9,000 into an account used for college tuition. The teller said it will clear in increments with the final amount clearing on the 7th business day.
Edited to add…I wrote a check from my checking account to deposit it in another bank that is used for college.
I am told that this is basically boiler plate banking fine print that has been around for some time, that the bank can enforce if it wishes to but most banks don’t on most deposits. The only reason I got a letter is that the minimum just got adjusted for inflation.
My bank navy federal never does that to me, probably because I do not get checks that big very often

https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/
Send me a check for that amount and I will try it with my bank!
(No refunds)
Negotiated a better deal with my bank. Talk to a decision maker, not the branch flunkie.
A: The year they spend more on their library than their coin collection.
A numismatist is judged more on the content of their library than the content of their cabinet.
My bank is like that and it has been that way for some time.
Complete Set of Chopmarked Trade Dollars
Carson City Silver Dollars Complete 1870-1893http://www.pcgs.com/setregistry/showcase.aspx?sc=2722"
Many banks have done it that way for years on personal accounts. $1,000 available right away up to $5,000 in 3 days and 7 -10 days for the balance. My business accounts all clear same day.
Reg CC changed. ALL larger checks are subject to longer holds, but most institutions have a 2 or 7 day for current account holders. The $6,725.00 is not a cutoff amount. Quite the opposite. Unless there is a concern with reasonable cause to the checks collectability, this amount must be made available to you after a certain amount of time(increased from $5,525.00). So in essence, it is more helpful to consumers who need access to the funds sooner rather than later!
Why is the number $6,725.00?
Adjusted for inflation as the Captain stated. Established by the Feds working in collaboration with the Consumer financial Protection Bureau.
I thought that few years ago or maybe longer that checks had to clear in one day instead of 3.
Two business days for me at my credit union. I don't deal with banks. There are plusses and minuses with this though. The benefits far outweigh any minor inconveniences though.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
21.72% inflation?
If I did the math right?
$5525.00 adjusted to $6725.00
I just deposited my GC check and in front of me was a lady who was depositing a check and was told there would be a 5 to 7 day hold because of the amount. She said had they been a regular customer it would have been 3 days. When I got to the teller, whom I know, their was no hold on the check. I can remember my son having a check held on his comic artwork check being held and he was mad, but is what it is.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
It's probably not adjusted annually.