when buying something online whith a check book what exactly happens to my account at the bank?
Saturday, August 1st, 2009
at
2:56 pm
dodgers asked:
i was wondering what do banks do when you buy something online with a check book. do they take money straight out of your account. or like what happens?
i was wondering what do banks do when you buy something online with a check book. do they take money straight out of your account. or like what happens?
Tagged with: Banks • Check Book • Money
Filed under: Online Banking
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Usually there is a short delay – it’s processed just like a paper check, so the routing and whatnot takes a few business days. It’s slower than a debit transaction, but a little quicker than a regular paper check transaction.
it is removed faster than if superman was involved!!!