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<p>[QUOTE=&quot;Duke Kavanaugh, post: 1262094, member: 20544&quot;]From what I know it is common pratice to put holds on large checks unless there is csh already in the account to cover if that check does not clear the other bank it was writte on. </p><p>This is for the Banks protection.</p><p>And as for FDIC I believe that it&#039;s up to 250k per bank.[/QUOTE]</p><p><br /></p>

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