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Reply #76: No... I'm sorry. [View All]

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FBaggins Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-21-09 12:35 PM
Response to Reply #66
76. No... I'm sorry.
And truly I don't mean to sound abrasive. But that's not really the case.

First of all, the "verified" really isn't the case (unless you're talking about something else). You deposit a check today and it takes a little time before the bank actually gets the money for that check.

It all comes down to a very simple fact. If you have checks clearing today and there's some deposit being "verified", then you wrote that check before there was money in your account. You likely wrote it before you made the deposit. It used to be clear that you weren't supposed to do that. Your comments on the float imply that it's no longer quite so clear to many.
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