Why did that go through?
August 13, 2012 6:37 AM Subscribe
Using funds from still-uncleared checks?
On Friday I deposited some checks into an otherwise empty checking account. Normally I would not have tried to do other transactions against these checks, thinking I needed to wait at least till Monday as per my bank's funds availability disclosure.
But I did not realize I didn't have any other money in the account. So I did attempt some transactions.
To my surprise, certain transactions cleared (debit card with signature at several different points of sale), while certain did not (various internet efforts).
What gives? Debit card with signature is OK against funds waiting to clear?
I will ask my bank, too, of course, but it is not nearby and has poor phone customer service. So I thank you for a word or two meanwhile.