Guest tcunagin Posted April 13, 2004 Posted April 13, 2004 If the client issues the check in a timely manner but the deposit is not credited with the financial institution on time do we consider the funds to be "segregated" by the issue date of the check or actual deposit date?
jquazza Posted April 13, 2004 Posted April 13, 2004 I would not consider the issue date. After all, you may print a check and not do anything at all with it. You might make a case for the postmark, especially if the postal services took time to deliver the mail. /JPQ
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