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But liquidity is the issue here. In the event that this happens, how long would it be before you could have access to your funds?
by nostrebored 4y ago
But liquidity is the issue here. In the event that this happens, how long would it be before you could have access to your funds?
- klodolph 4y agoWhy do you say liquidity is the issue? It sounds like you are imagining some specific scenario here.
- imtringued 4y agoHe means that the bureaucratic arm may take time to process your insurance claim, after all you aren't the only one waiting for your money.
- kwertyoowiyop 4y agoThe answer seems to be “a few business days, usually next next business day” but that likely won’t appease the tinfoil hat crowd. https://www.fdic.gov/consumers/consumer/news/cnfall14/misconceptions.html https://www.fdic.gov/consumers/consumer/news/cnfall14/miscon...