Why Is My Cashier's Check On Hold?

How long can a bank hold a cashier's check?

Also, according to Regulation CC (Reg CC) of the Federal Reserve, cashier's checks are recognized as "guaranteed funds", and amounts under $5,000 are not subject to deposit hold (except in the case of new accounts). The length of a hold varies (2 days to 2 weeks) depending on the bank.

Cashier's check - Wikipedia

Why does it take so long for a cashier's check to clear?

This is because the bank has guaranteed that the funds will be available. But when the bank discovers that the check is a forgery, often a few weeks after the deposit, they take the money back.

Cashier's Check: Everything You Need to Know - SmartAsset

Why would a bank put a hold on a cashiers check?

Banks place holds on checks to make sure that the check payer has the bank funds necessary to clear it. In addition to protecting your bank, a hold can protect you from spending funds from a check that is later returned unpaid. That's important because it could help you avoid accidental overdrafts and related fees.

Why Is the Bank Holding My Check? - Business Insider