Why does it take 10 days for a check to clear?

Related questions

1. How long can a bank put a hold on a check?
2. Can I get a Cheque cleared quickly?
3. Do checks clear at midnight?
4. Can a check clear in one day?
5. Are ATM deposits available immediately?
6. Is it legal to postdate a Cheque?
7. Is it possible to deposit Cheque online?
8. Do Cheques clear at midnight?
9. Can Cheque be deposited in any bank?
10. Can I deposit a Cheque at an ATM?

Tags

1. #clear
2. #typically
3. #process
4. #expect
5. #requests
6. #holders
7. #works
8. #customer
9. #haven
10. #clearing
11. #payer
12. #cover
13. #institution
14. #usually
15. #longer
16. #financial
17. #account
18. #check
19. #general