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Has My Money Disappeared?

I deposited a check for $1,340 in my checking account, and the teller told me there would be a ten day hold, but $100 would be available to me midnight that night. I went online to check my statement and it showed that my account was overdrawn by the same amount I deposited, and the $100 was not there. Is my money gone? When I put the money in the bank I had an overdraft of $23.


It appears you just caught the system at a bad time, between stages of the updating process. Your deposit showed up the next day, and that the available balance in your account jumped to $71, unless more checks or debit transactions cleared, too.

Published on BankingQuestions.com 1/08/09