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    Individuals frequently utilize a wire move, which is snappy and electronic, to move huge amounts of cash. Wire moves can be shipped off both homegrown and global financial balances. ... The directing number of the bank you're sending the cash to. The name, address and telephone number of the bank that will get the assets.


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    Checks that are for large amounts usually have a hold placed on them. That's so that the bank can protect itself from lost funds if the check doesn't clear.


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    thanks for sharing with us


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    Hello. For some time I had to cooperate with wells fargo bank. It was simply unbearable, high commissions and long payments, it was constant. Nedanwo I looked at wells fargo reviews and realized that things were getting worse. So I don't advise you to use their services.


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    Deposits can take even longer to happen at times, in part because the bank wants to ensure that the funds are good. They won't know that the funds are good until the money actually arrives, so many banks will hold deposits for up to 5 business days at times.


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    If you have ever tried to deposit a large cheque at the bank then you have to run into the issue to hold up.

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    In case you're moving a lot of cash from an online investment account to a shows up, such countless banks will hold stores for up to 5 work days on occasion.


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    No. They do not deliberately slow the pace of transfers to hold the funds longer and earn interest. I've worked for several banks (in the USA) and at each one there was an emphasis on getting payments processed quickly.


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