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| *Loan,banking and credit>>>bank account |
What happens to your bank account when you deposit a PAYROLL check? |
I deposited a payroll check into my account via a drive up teller on 7/6 and they put the funds on hold for 7days!!! I have had this account for almost a year and they have NEVER put my funds on hold, they have always been available the next day. I talked to customer service and the guy was a jerk telling me that "Your lucky because checks ALWAYS get put on hold anywhere from 3-10days" and then he said I should ask everytime I deposit a check about it being on hold... well who the f is gonna ask when it has NEVER happened in the past??? I understand if it was a personal check I deposited, but payroll??? so, how long does anyone else's money get put on hold?? (I'm setting up direct deposit damn-it!!!) BTW this was Bank of America i have bank of america too. i get a hold for one day, my checks are bank of america checks from my job. but typically they do do that. i would suggest depositing it but taking some out at the same time. or cash it at the bank and deposit the cash in the atm- it will be available the next day. Maybe you should have talked to a supervisor. Maybe the teller made an error in judgement. Maybe that employer has a history of bouncing checks. Many times i you deposit on a Friday after 2 pm the funds are not available until the bank opens on Monday. Go with the direct deposit have used it for years it is great, If you are paid on a Friday, when the bank opens on Friday you can access your funds, no waiting in line, set it up so you can check your account and transfer etc online saves you even more time I never had that problem at all.It might just be the bank or its a problem with your company Never had a hold on any check I deposited. Either a paper check or a direct deposit. Even the 80K check I cashed when I sold my house. I'd talk to the supervisor at the bank. just set up direct deposit its great and the money is there starting at 2 am on friday! |
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