Here's what actually happens when you deposit a large check

A large check almost always triggers a review. Banks use something called an "exception hold" on deposits they consider ...
AOL

‘Check washing’ costs Americans over $1 billion each year, says USPIS — how to spot it and protect your money

Despite seeming retro, check fraud is experiencing a surprising resurgence, with criminals stealing billions of dollars through these schemes. According to the U.S. Postal Inspection Service (USPIS), ...
The Daily Overview on MSN

Here's what really happens when you deposit a large check

When a big check hits your account, it can feel like instant breathing room, but the banking system does not move at the speed of your mobile app. Behind that "pending" status is a tightly regulated ...