Quote:
Originally Posted by Crystal ExtacY
Ok guys, here goes. I deposited 2checks Friday. There is a hold/pending on the money However the funds were available on Saturday. I called my cousin who is a banker at the branch and he urged me to withdraw the money right away before it can perhaps get reversed, now isn't that totally ******ed??
He told me the bank can't do anything once they make the funds available, etc.. and convinced me to withdraw it.
Anywyaz, I called customer service and they said to wait till tomorrow to know if the holds clear.
I know from the Western Union scams that even if the bank clears your check, and later finds that money wasn't actually available form the issuer's account, they're just going to take it back from your account. So it's possible 2-3 months down the line, you'll just wake up with the difference having been subtracted.
I'm not sure what happens if you withdraw and close your account, but I would imagine if it's a sizable sum they'll send collections after you.