Generally, a cash deposit is not available for withdrawal until the next business day
2007-09-19 07:26:42 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
True - but sometimes a bank will allow you to take a certain amount out the same day. I have Bank of America and they allow you to take out $100 of any deposit, cash or check made that day. The balance is not available until the next business day.
2007-09-19 07:29:47 · answer #1 · answered by jml167 4 · 0⤊ 0⤋
True. It has to be processed into the system, which is usually the next business day. Sometimes they will give you a certain amount of it, like $300.00 of the $1000 you deposited, but generally, you should keep what you need and only deposit what you do not intend on using that day.
2007-09-19 07:31:04 · answer #2 · answered by BMW BFD 5 · 0⤊ 0⤋
If it was through an ATM, true. If the cash was handed to the teller at the bank, might be available immediately, especially if you ask them to do so.
2007-09-19 07:36:45 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
Ya coz they have to deposit it first and enter it into your bank account..
however if your depositing it at the counter then i would say u could withdraw it
but am confused?
why deposit it in the first place if u wana tajke it out again?
huuuhhh?
2007-09-19 07:31:42 · answer #4 · answered by lebanesebabe 3 · 0⤊ 0⤋