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Deposited Check: Availability?

I deposited a check into my account today, but when I went to get cash from the ATM, it would not let me withdraw any. What's going on?

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You need to ask your bank, particularly if your check was deposited directly to your account. In such a case, you should have had access to your funds on the same day the deposit was made. It's possible that there was a problem with updating the bank's balance files used for ATMs. If your check was deposited in paper form today, it would be normal not to see the deposit reflected at the ATM or bill payment service for at least one business day, perhaps more. Your bank can tell you if there will be delay beyond one business day.

Published on BankingQuestions.com 2/04/09