General Discussion

Princess Turandot

(4,910 posts)

7. When a bank sends a check on behalf of a customer...

Sun Sep 14, 2014, 01:23 AM

Sep 2014

they have to know that the money to cover that check will be in the account when the check does clear. The only way they can do that AFAIK is by 'deducting' the amount from the account, which reserves it for that specific payment.

I don't know why they're not distinguishing 'issued, not paid' checks on the bank statement, though, for the customer's information. The bank I use shows pending transactions in red in the online account, and deducts the money. (I've only used direct transfers initiated by vendor, however, not this type of bank written check.)

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Bank Of America's shady "online bill pay" practice [View all] PSPS Sep 2014 OP

I was under the impression if a payment did not arrive timely a call to Thinkingabout Sep 2014 #1

the problem is, if this OP is accurate, that you may not know the payment didn't arrive dsc Sep 2014 #5

I think you can also do an inquiry to determine if the check sent has cleared. Thinkingabout Sep 2014 #9

but you wouldn't know to ask dsc Sep 2014 #11

Did you ever click on the payment to see the details? This is usually in the Pay Bills menu and Thinkingabout Sep 2014 #13

My e-check to DU came back to the bank as undeliverable. Downwinder Sep 2014 #2

I highly recommend FormerOstrich Sep 2014 #3

Thanks for posting this customerserviceguy Sep 2014 #4

The Delivery By is listed on the page the payments are made from. If it is electronic transfer it Thinkingabout Sep 2014 #12

I'm not going as far as the OP is customerserviceguy Sep 2014 #14

No longer deal with these fraudulent cilla4progress Sep 2014 #6

When a bank sends a check on behalf of a customer... Princess Turandot Sep 2014 #7

Hmmm... mine (BOA) always say "pending" until the check has cleared. lamp_shade Sep 2014 #8

I pay all my bills directly to the website of whoever it is. hobbit709 Sep 2014 #10