Hello,
I used my online bank to transfer money to another account,
I can see that this money is in my other account already but STILL showing in my old account!! Even though I already trasnfered.
I think the bank did't update this transaction yet.
I am just wondering if it is possible to cash this money (which I already transfered but still showing in my account) using ATM machine..LOL
I will not do this, I am just wondering....
2007-03-11 11:08:31 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
There probably is a short delay. You could probably get away with it.
Usually it's the other way around. The money vanishes from one account, and then shows up in the other afterwards.
2007-03-11 11:12:02 · answer #1 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
No, I believe you will not. A bank error in your favor can be corrected weeks or even months later. I had an erroneous deposit posted to my account that was approximately 13K. It sat in my account for about 2 weeks before the bank reversed the money from account. The cool this is that I got interest posted on the high amount for the period it was in my account which the bank did not reverse.
2007-03-11 18:29:56 · answer #2 · answered by loan_wzrd 2 · 0⤊ 0⤋
Even if you could and say you did....the bank would catch the mistake and deduct the withdrawl from your new account. Back to square one...
2007-03-15 17:20:43 · answer #3 · answered by magic13sf2003 2 · 0⤊ 0⤋
Sure you could overdraw your account...if you want to pay a $30+ fee
2007-03-11 18:23:04 · answer #4 · answered by Anonymous · 0⤊ 0⤋