Banker arrogance

https://www.greaterfool.ca/2023/09/22/banker-arrogance/
[Can't trust the banks]

"...On the 4th Jim walked into his bank (the green one) to convert that big whack of money from the sale ($1.1 million) into a draft which he planned to hand deliver to his new lawyer in order to close on the bungalow. “Sorry,” the teller told him after peering into her terminal for several, painful minutes, “but you don’t have enough available funds for the draft.”
"But, he said, it’s my money. It was deposited into our personal joint chequing account by our lawyer, from her trust account and as a certified cheque. When a cheque is certified, it’s certified. The funds are there. It’s like cash. You have no right.
"Holding a cheque is legal. Federally-regulated financial institutions can sit on your money for a period of between four and eight business days, according to OSFI. But, it is not entirely arbitrary – and the front-line employee making that decision at the time of the deposit must know the rules....