If I deposited a check at 11:31AM and then used my debit card about 20 or so minuntes later. Will my back cahrge me an over draw fee if I only had $0.14 in the bank before the deposit. I bank with wachovia.
2006-08-30 13:31:31 · 14 answers · asked by Shane S 2 in Business & Finance ➔ Personal Finance
It really depends. Most banks will post pending credits before debits . Do you have online access?
2006-08-30 13:34:31 · answer #1 · answered by Anonymous · 0⤊ 1⤋
It all depends on your bank. I notice when I deposited cash and call on the phone to get a balance. Your balance is $1.00 your available balance is $10.00. The next day it will show $10 for both. For checks it depends. It could take a couple of days or more if drawn on the same bank it should be the next day. The best bet is to ask your bank. I would never use an atm. It seems to take longer with an atm deposit.
2006-09-01 02:50:17 · answer #2 · answered by webworm90 4 · 0⤊ 0⤋
I used to work for Bank of America and as long as you pay attention to the servicing hours on the ATM your transaction is safe. Your deposit made usually before 2:30 on banking days will come through before your debit on the other hand if you deposit after hours or on the weekend and use your debit card oops!!!!
2006-08-30 13:37:41 · answer #3 · answered by Mickey's gurl 3 · 0⤊ 0⤋
It usually takes the deposit up to 24 hrs. to post before you can draw on it. However, if you also have a savings acct there, most banks will do an automatic transfer of funds from your savings to your checking accts to prevent over drafts
2006-08-30 13:35:50 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Most banks make you wait at least a day to access your money. This is why you should do your banking with a credit union, where the money is there as soon as you deposit it.
2006-08-30 13:36:53 · answer #5 · answered by SLWrites 5 · 0⤊ 0⤋
It depends on your bank and how long you have been with them. They can make you wait for it to clear which can take a couple of days. Call the bank and ask.
2006-08-30 13:36:53 · answer #6 · answered by Barkley Hound 7 · 0⤊ 0⤋
This would depend mostly on your bank and the size of the check and withdraw, but generally funds are available for withdrawl the next business day.
2006-08-30 13:35:42 · answer #7 · answered by Ava and Jaidyn's Mommy 3 · 0⤊ 0⤋
In your example, almost certainly. You would be better off cashing the check at the bank, if you can, then depositing the cash that you do not immediately need.
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2006-08-30 13:36:12 · answer #8 · answered by cotopaxi 5 · 0⤊ 0⤋
I think if you deposit the check with a teller, should be in there right away. If you did it through ATM, it takes about two days.
You should do direct deposit, fast and simple.
2006-08-30 13:34:34 · answer #9 · answered by Not_Here 6 · 1⤊ 0⤋
Depends on your bank. At mine, it can used immediately (bank of america).
2006-08-30 13:37:31 · answer #10 · answered by First Lady 7 · 0⤊ 0⤋