Effective April 1st, 2025, Treasury Prime is updating how Remote Deposit Check deposits are processed. Key changes include:

  • The full check amount will now be posted immediately to customer accounts with appropriate holds, rather than using incremental credits.
  • This improves deposit visibility while maintaining the same funds availability schedule.

For example, a $10,000 check deposit will now show:

  • Full amount posted on first business day
  • Holds applied and released according to funds availability schedule

More examples are provided below:

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Example: Check for $10,000 deposited on Monday (chk_01)

Today’s Process:

DayCorresponding Transactions
Monday: day of depositN/A
Tuesday$225 credit to ledger account. Description: “chk_01 funds release”
Wednesday$5300 credit to ledger account. Description “chk_01 funds release”
Next Monday$4475 credit to ledger account. Description: “chk_01 funds release”

Updated Process:

DayCorresponding Transactions
Monday: day of depositN/A
Tuesday10,000credittoledgeraccount.Description“chk01fundspost”10,000 credit to ledger account. Description “chk_01 funds post”\\\\ 9775 hold applied. Description “chk_01 funds hold” Available to customer: $225
Wednesday9775holdrelease.Description“holdidrelease”9775 hold release. Description “hold_id release”\\\\ 4475 hold place: Description “chk_01 funds hold” Available to customer: $5525
Next Monday4475holdrelease.Description“holdidrelease”Availabletocustomer:4475 hold release. Description “hold_id release”\\\\ Available to customer: 10,000

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Example: 2 Checks for $5000 each deposited on Monday (chk_02 and chk_03)

Today’s Process:

DayCorresponding Transactions
Monday: day of depositN/A
Tuesday$225 credit to ledger account. Description: “chk_02 funds release”
Wednesday4775credittoledgeraccount.Description“chk02fundsrelease”4775 credit to ledger account. Description “chk_02 funds release”\\\\ 525 credit to ledger account. Description “chk_03 funds release”
Next Monday$4475 credit to ledger account. Description: “chk_03 funds release”

Updated Process:

DayCorresponding Transactions
Monday: day of depositN/A
Tuesday5000credittoledgeraccount.Description“chk002fundspost”5000 credit to ledger account. Description “chk_002 funds post”\\\\ 5000 credit to ledger account. Description “chk_003 funds post” 4775holdapplied.Description“chk002fundshold”4775 hold applied. Description “chk_002 funds hold” 5000 hold applied. Description “chk_003 funds hold” Available to customer: $225
Wednesday4775holdrelease.Description“holdidrelease”4775 hold release. Description “hold_id release”\\\\ 5000 hold release. Description “hold_id release” 4475holdapplied.Description“chk003fundshold”Availabletocustomer:4475 hold applied. Description “chk_003 funds hold” Available to customer: 5525
Next Monday4475holdrelease.Description“holdidrelease”Availabletocustomer:4475 hold release. Description “hold_id release”\\\\ Available to customer: 10,000

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