Thursday, December 8, 2011

If money was direct deposited into my account on a Tuesday when should I expect the money to clear?

How long do banks normally take to clear a direct deposit? It's a one time deposit from a return of tuition that I over paid. I was told that the schools bank released the funds on Tuesday. The reason I ask is because I'm with Bank of America and I've had issues with them withdrawing automated checks as well as direct depositing. They always seem to mess up my account number!|||Generally the moment the Direct Deposit is in the account, it's available. In fact I am pretty sure that is the same with every bank.|||Call the bank!|||it depends on the amount and if this is the first time you receive a deposit from this institution.





most banks will make few hundred available the same day, the rest available within 3 business days.|||Helene --- "arrogant Americans" huh?? Wow, you are really clever, you bigot moron. Why don't you allow emails? Because you are a coward who insults people and hides behind your computer. Asswipe.

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