Learn the basics and keep your balances in check.
Funds may be withdrawn from your account in a variety of ways. It's difficult to predict how quickly a check that you have written or a purchase you have made will be deducted from your account.
Regardless of the type of withdrawal, you should always make sure that there are sufficient available funds in your account to cover whatever withdrawal transactions you make. Here are some helpful tips:
Always keep your account register up to date to ensure you have sufficient available funds in your account to cover the transactions you make.
Always assume that a check you write, a payment you make online, or a purchase you make with your debit card could be deducted immediately from your account balance.
Allow for processing time
Remember that processing times vary, based on merchants and your form of payment. Some merchant transactions take longer to process than others.
Remember automatic payments
Don't forget about automatic bill payments, such as utility bills, gym memberships or insurance payments.
- Check your balance a few days prior to the scheduled transaction
- Deduct the amount from your balance before making other purchases
Regardless of how you keep track, you are the only one who knows all the checks you have written and the purchases you have made at any given time. To ensure your account balance is always accurate, record those checks and purchases right away. You can also take charge and keep track of your accounts by enrolling in
Online Banking and