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Bank Closed Account: What about Direct Deposit?

The bank closed my account on day of my direct deposit. When can I get my money?

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You need to call the bank and verify that they returned the funds, and then backtrack to change your direct deposit and collect what is owed to you. If the bank processed the deposit first, you need to account for any funds that were owed the bank and should expect that a check was mailed to you for the remainder within a day or two. While there is no stated requirement for this, that is our experience on normal procedures.

Published on BankingQuestions.com 6/02/09