I deposited a check fro about 12k into my bank yesterday. BoA will make about $5k available on the 4th and the rest around the 8th or so. Now what I want to know is why the delay? One bank can talk to another, they can verify that the check is good? Do they do this just turn earn interest off my money? Why the hold up?


Also, I was told that there is a $600 cash withdraw limit per day. WTF?