The Royal bank has a 5 day hold policy in place for CASH deposited in their ATM at the front of their own banks! Why does it take 5 days (business days) to count the money in the machine?
just think of how many people put cash deposits in those machines.
Just think of how much the bank makes out of loaning that money out for 5 days and not having to pay interest on any of it!!! I Have decided it is better to put my money in a safe place in my home rather than making cash deposits, that i expect to cover bills only to find I an occurring bounce charges because there is a 5 day hold on my Cash deposit!!!