Informacje finansowe

How does the bank process a check deposited into an account?

pinktinkxoxo asked:


How does the bank get cash from another bank when a check is deposited? Does the bank mail the check to the bank it was written from and request cash or is it like a credit with that bank?

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This entry was posted on Monday, June 23rd, 2008 at 12:18 pm and is filed under Corporations. You can subscribe via RSS 2.0 feed to this post's comments. You can comment below, or link to this permanent URL from your own site. Your comments will be moderated but will appear as soon as humanly possible.

2 Comments on “How does the bank process a check deposited into an account?”

1. Margaret D Says:
   June 24th, 2008 at 9:20 am

   usually at the end of the day the bank sends the check off to another bank for the money they requested. I believe that they do mail it.

2. Dan of Toasters Says:
   June 27th, 2008 at 1:35 am

   After the Check 21 act was passed, what essentially happens is the information on the check is used to make an electronic transfer from the one bank to the other. pretty much everything is done electronically these days, even when a paper check is written.

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