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| *Loan,banking and credit>>>bank checks |
If my bank account is in the negative, will they stop a check I try to deposit? Because they stopped my check? |
If my bank account is in the negative, will they stop a check I try to deposit? Because they stopped my check? They will put a "hold" on the deposit. When the check clears, they take their fees and then you get access to what is left. if you account is negitive and items of any type were stopped that means your bank has frozen your account of all actions till the negitive is removed. this does not exclude you from daily negitive fees as you are racking those up right now. banks do this to force you to come into the bank to take care of the issue. Now that is against human nature or any banks interest. Your bank would NOT stop ANY betterment of your account! What they might do is clear your overdraft before crediting your account. What may have happened:- 1) The check that you tried to deposit was "bounced" and so would be returned to you. 2) You had previously "deposited" a check from the same source and it had bounced. So they knew it was no good. 3) You had failed to respond to a "demand" made previously issued by the bank to you and they were in process of issuing legal proceedings against you. Under some circumstances this might inhibit the bank from processing any transactions through your account. CONTACT YOUR BANK Bank Law No they will allow a check in but not a check out (unless the amount is covered). They may hold the funds on the check until it has cleared. |
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