i.e. you know when u do a swipe with your credit card it shows up on your bank website within minutes.
2007-07-02 10:47:26 · 3 answers · asked by tkl_golfer 1 in Business & Finance ➔ Credit
Depending on the transaction (you don't give details) the transaction may not have actually taken place, from the bank's point of view. It may only have been "authorized". They won't actually post your account until the store, gas station, ATM network or whoever, transmits a confirmation that the transaction has actually been completed. Teller transactions should be immediate, but sometimes even tellers are operating off line for a brief period due to communications problems.
2007-07-02 11:05:39 · answer #1 · answered by Ted 7 · 0⤊ 0⤋
Part of the firewall/protection is to have transactions uploaded into a database so people aren't accessing the server. Those uploads take time.
2007-07-02 17:55:38 · answer #2 · answered by Anonymous · 0⤊ 0⤋
they need to clear the so the say check. checks and balances.
2007-07-02 18:26:42 · answer #3 · answered by bullet b 4 · 0⤊ 0⤋