I am a realtor and have a closing on February 12, 2009. My client mailed the attorney the second deposit. It was a $17,000 certified check. The post office lost it and we have to close. Will the bank issue a new check in time?
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The bank is not required to replace the check in that time-frame, but it may decide to do so. It can require that you wait 90 days from the date of certification. The only way to know for certain is to contact the certifying bank. You might want to consider hand-delivery of the check or wire transfer of the funds for the second attempt.
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The bank is not required to replace the check in that time-frame, but it may decide to do so. It can require that you wait 90 days from the date of certification. The only way to know for certain is to contact the certifying bank. You might want to consider hand-delivery of the check or wire transfer of the funds for the second attempt.
