Typically funds are available by the next business day, at most within a few days: http://www.snopes.com/business/bank/fdic.asp http://www.snopes.com/business/b

Typically funds are available by the next business day, at most within a few days: http://www.snopes.com/business/bank/fdic.asp http://www.snopes.com/business/bank/fdic.asp No bank statements or formal claim for reimbursement is needed; the process is entirely automatic and usually done in less than 24 hours.