In most cases it'll be 4-5 working days for a cheque deposit. Obviously, cash would be immediate.
yes it can be deposited since checks can be posted before their maturity date
how long is a money order good for?
a payment will post immediately to your account as long as it was posted before Friday at midnight. if you posted on Saturday it would take until monday morning to post to the account.
no
Post Office Savings Bank (Singapore).
The best way to explain this is by example: Wells fargo Bank has your bank account. Your account is a liability for them since this is not truly their money and it is obligated to you the account holder......so when they increase your account, they post a credit to it. Because to increase their liabilities they have to credit it......and when you use your debit card and decrease your account then wells fargo debits your account to remove the money. For you as the account holder your checking account is your asset......so if you were tracking your accounting in a program.....and you wanted to show where you deposited money into your account in your system then you would post a debit to increase your cash account.
Demetrice, can i receive a money transfer to my mortgage account and once it post withdraw from it...without applying it to my account
yes it can be deposited since checks can be posted before their maturity date
how long is a money order good for?
In the United States, post-dated checks are generally legal, but banks are not required to honor them. If a post-dated check is deposited before the date written on it, the bank may process it unless the account holder has provided the bank with written notice not to do so. It is recommended to communicate with the payee and your bank to ensure the check is deposited on the intended date.
Depends on what country / region / state.
It is like writing a check, only it is a bit faster. The transaction will post against the bank account in a matter of minutes or hours rather than taking a day or so to post. They take the money directly from your bank account and if there is not enough money in the account it will not go through.
a payment will post immediately to your account as long as it was posted before Friday at midnight. if you posted on Saturday it would take until monday morning to post to the account.
Well you have to create an account first then you will be able to post wherever you want as long as the thread is not locked
A credit transfer is a method of settling a debt by transferring money through a bank or post office, especially for those who do not have cheque accounts. It's the transfer of money from one account to another account, basically.
It is not illegal to post date a check in any state. What is illegal is to write a check with a lack of funds in the account. If you can be sure that the check won't get to your account before the date you have on it that is fine, but you need to be sure you have money to cover it.
no you have to have an account