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Anonymous Posted 9 years ago
Business & Finance
1Check from an account at PNC
Same business day to cover items in nightly processing Remainder – next business day
2 Check from an account at another bank
$100 - same business day
Remainder - next business day
3Large deposit ($50,000 or more in one day)
New account holders (30 days or less)
$100 - same business day
$100 - next business day
Remainder - second business day
DISPUTE RESOLUTION THROUGH ARBITRATION If you have a claim and we are unable to resolve it informally, you or we may elect to resolve it by individual binding arbitration in accordance with the terms of the Arbitration Provision.
my question is
1.what is remainder?
next business day sounds just as second business day? what is the differences between the two?
2 what is arbitration? or binding arbitration?
Same business day to cover items in nightly processing Remainder – next business day
2 Check from an account at another bank
$100 - same business day
Remainder - next business day
3Large deposit ($50,000 or more in one day)
New account holders (30 days or less)
$100 - same business day
$100 - next business day
Remainder - second business day
DISPUTE RESOLUTION THROUGH ARBITRATION If you have a claim and we are unable to resolve it informally, you or we may elect to resolve it by individual binding arbitration in accordance with the terms of the Arbitration Provision.
my question is
1.what is remainder?
next business day sounds just as second business day? what is the differences between the two?
2 what is arbitration? or binding arbitration?
Top answer
what is remainder? The rest of the total amount of the check (that amount over $100). Anonymous next business day sounds just as second business day?
- what is remainder?
- The rest of the total amount of the check (that amount over $100).
- Anonymous next business day sounds just as second business day?
- what is the differences between the two?
- 'Second business day' is ambiguous.
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3 Answers
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Anonymous1.what is remainder?The rest of the total amount of the check (that amount over $100).
Anonymousnext business day sounds just as second business day? what is the differences between the two?'Second business day' is ambiguous.
Anonymous2 what is arbitration? or binding arbitration?
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Thank your for your answer!!
I just confused that the second business day is the second business day from the "next business day" or "the same business day" if the later then they are the same??!
I just confused that the second business day is the second business day from the "next business day" or "the same business day" if the later then they are the same??!
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Ah, sorry—I misread the original text and confused you with my wrong answer. I now see that it mentions THREE payments for new account holders:
$100 - same business day
$100 - next business day
Remainder - second business day
That is, if you wish to cash, for instance, a $500 check on Thursday, January 19th, they will pay out $100 on that day (Jan
$100 - same business day
$100 - next business day
Remainder - second business day
That is, if you wish to cash, for instance, a $500 check on Thursday, January 19th, they will pay out $100 on that day (Jan
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