My bank has deposited a large amount of money in my account to cover a check that an ATM ate. It has been over a month and the bank has yet to remove these funds. How long before I get to keep the money, or do they always have the ability to remove that money from my account?
There is no statute of limitations on when the bank can identify the problem and correct it. If you'd like to resolve the problem sooner, contact the bank and call it to their attention.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.
Accounts
Article
Q&A
Podcast
Video
Blog
Discussions
PDF
Powerpoint
There is no statute of limitations on when the bank can identify the problem and correct it. If you'd like to resolve the problem sooner, contact the bank and call it to their attention.
