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Expedited Funds Availability Act |
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Expedited Funds Availability Act Legislation in the United States, passed in 1987, that requires banks to make checks and other deposits available within a certain number of days. Depending on circumstances such as the size of the deposit and how long the account has been open, the bank must make the deposit available on the first, second, seventh or ninth day. See also: Check hold. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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