I deposited a large sum check and was told I would need to wait until it cleared. After the second day I looked online and saw that my 'available balance' included the amount of the check.
My visa card allowed me to use funds and do withdraws. After three days suddenly my account was a large negative balance and when i contacted them they said they decided to put a hold on the check. When I asked how the amount was available and then not they said that the atm added it automatically. So I asked if I had some write a fraudulent check and deposit it in the atm that the next day i could use all the funds, but three days later they would catch it???
No one had an answer.
Product or Service Mentioned: Commerce Bank Deposit.