If my pay is sent by wire transfer, how long before funds are available, and do I have to prove it is payroll, because it is a large amount?
The funds should be accessible to you no later than the day after they are received by your bank, assuming that the wire instructions correctly identify you by name and account number. That should be the case regardless of the source of the funds or the dollar amount, although the bank might inquire as to the source as part of its responsibility to understand the activity in customer accounts.
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The funds should be accessible to you no later than the day after they are received by your bank, assuming that the wire instructions correctly identify you by name and account number. That should be the case regardless of the source of the funds or the dollar amount, although the bank might inquire as to the source as part of its responsibility to understand the activity in customer 