Question posted by senbonzakura1022 on October 5th, 2017
Check
What time do checks go in when you use the in store pay card
Current Answers
Answer #1: Posted by Bruce7194 on October 6th, 2017 3:15 AM
Bruce7194
Member since:
September 17th, 2017 Points: 95,560
Member since:
September 17th, 2017 Points: 95,560
The speed with which your check gets processed depends on several factors, including how and when the check is deposited. However, in some cases (such as online bill payments that you schedule with your bank), the payee doesn't even need to deposit the check - funds will be deducted from your account when your bank makes the payment.
Normal deposits: In most cases, your payee will deposit your check at their bank or credit union. That bank will then request payment by forwarding a copy of the check (or the check itself) to your bank.
When your bank pays the other bank, the funds are removed from your account. This process typically takes several business days.
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