Answers about Funds Availability
A friend wrote me a check to repay a small debt. The bank that the check is drawn on has released the funds, but my bank is still holding the funds. Can it do this?
In many cases, if you know that the funds have been released by the paying bank, give this information to your bank and request an early release of your funds. If your bank is a national bank, and you believe it is holding your funds in excess of the time allowed, file a written complaint with the OCC's Customer Assistance Group.
If your bank is not a national bank, you should file a complaint with the appropriate regulator.