Banks have an automatic hold on checks this large; I think $5000 is the limit. You both need to find out what the limit level is, and have him break into two smaller payments, the first one sent "today", and the second one sent "a week or more later".
Banks have an automatic hold on checks this large; I think $5000 is the limit. You both need to find out what the limit level is, and have him break into two smaller payments, the first one sent "today", and the second one sent "a week or more later".
It’s not the hold. I said that I was prepared for it to be held. The check was returned. Bounced.
Ooooh, I get it. "Insufficient funds", most likely. Sigh.