I deposited a check. The bank said it would take three to five days for it to clear. I checked online, and the check was cleared and the money deposited. Then in a few seconds the money was taken out with a side note stating "deposit returned account closed" What does that mean?
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For an explanation of a message on your bank's online banking service, contact the bank for further information. In all likelihood, the check you deposited was returned by the bank it was drawn on because the account it was drawn on had been closed. Your bank would logically respond by charging the check back to your account.
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