What is the current check policy at wal-mart?

Question

I mean, can I still write a check at walmart and have the funds to cover the check deposited after I wrote it. Or do they now check your account status at the register. I really need to know this. Thanks.

Answer 1

Instead of processing checks the old fashioned way Wal-Mart now performs electronic debit. It's similar to using a debit card. When you present your check they run it though the register, immediately electronically debit your account, and return your check to you with your receipt. If you don't have the funds in your account to cover the check your bank refuses the transfer and the register will prompt for another payment meathod. In other words, you would have to have the money already deposited in your bank before you can write a check at Wal-Mart. However, if you have overdraft protection at your bank then your check will be accepted and your bank will immediately transfer the funds to Wal-Mart. The only problem is that since your check will be immediately processed electronicly you won't have the usual 3-5 day delay before the check posts to your account. This means that as soon as you write that check you will also be charged a $39 - $49 overdraft fee per check. I recommend that you put the money in your account before you write any checks at Wal-Mart to be on the safe side.

Answer 2

Don't spend money you don't have. I don't think they would spend money to get a machine that does this, they just shouldn't accept personal cheques period! Where I live, no stores accept cheques.