I deposited a check four days ago and I checked about it yesterday. The bank told me that the cash is available. Does that mean that the company that issued it has honored it?
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It only means that the bank where you made the deposit will let you access the funds from the check, which it must do under federal regulations within specified time frames. The rules governing when your bank must make those funds available have no direct connection to whether or not the check or checks have been paid or honored by the banks on which they are drawn. If, in fact, one of the checks is dishonored, you will be responsible for reimbursing your bank for the amount, even if you have been able to withdraw all the funds from the deposit.
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It only means that the bank where you made the deposit will let you access the funds from the check, which it must do under federal regulations within specified time frames. The rules governing when your bank must make those funds available have no direct connection to whether or not the check or checks have been paid or honored by the banks on which they are drawn. If, in fact, one of the checks is dishonored, you will be responsible for reimbursing your bank for the amount, even if you have been able to 