Can't access my saving acct funds | Motive Financial | Discussion forum

A week-long hold is quite common. For example, EQ Bank places a five business day hold on funds pulled in, starting after the date of deposit:

How long does EQ Bank hold my funds for?

For our Canadian dollar savings account products, we hold funds deposited by cheque or Electronic Funds Transfer (EFT) for five business days, beginning after the date of deposit. This means that funds held will actually become available by the sixth business day.

For example, if you make a deposit on a Monday, you can access the funds on the following Tuesday.
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Fogoguy said
I transferred funds into my savings acct 6 business days ago, and still can't access it. Surely they don't place a week-long hold on it, correct? And no, I'm still not quite to the point where I am willing to waste an hour or more on hold to speak to a human to get to the bottom of this, nor do I expect a callback any time soon... but to not be able to access my money after depositing it a full week ago seems pretty outrageous. Has anyone else had to wait this long to access their funds?  

I transfered money to MF and verified its HOLD period this month. The HOLD is exactly 5 business days. I deposited money on Tuesday the deposited amount got out of HOLD status on the following Wednesday.