When a customer deposits a check into a checking account for collection,the depository bank does not have to pay the customer the amount of the check until the check "clears."

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When a customer deposits a check for collection, the depository bank is not obligated to immediately pay the customer the amount of the check. The bank must first verify the check's validity, which is completed through a process known as clearing. Once the check has cleared, the funds are made available to the customer.

When a Customer Deposits a Check into a Checking Account