Do banks process deposits on Sunday nights?

Discussion in 'Off Topic' started by manlymatt83, Sep 7, 2008.

  1. manlymatt83

    manlymatt83 Diamond Member

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    If you do an ACH on say Thursday, it may post Friday morning, or sometimes it posts Saturday morning (I've seen it post Friday night). If it hasn't posted by Friday night/Saturday morning, is the next day of depositing Sunday night/Monday morning, or is it Monday night/Tuesday morning?
     
  2. Twista

    Twista Diamond Member

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    :confused:
     
  3. TallBill

    TallBill Lifer

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    Mine makes my funds available instantly. But I scan checks and use an online app to deposit them.
     
  4. SoulAssassin

    SoulAssassin Diamond Member

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    The ACH/Fed network won't actually transfer money on those days but there is a very slim chance that your bank could clear it over the weekend though the actual transfer didn't go through. At a previous employer we would let people schedule payments over the weekend, would credit it to their account that day, but wouldn't pull the money out of their checking until Monday.
     
  5. Soundmanred

    Soundmanred Lifer

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    No, but if they did you might get an STD.
    Or so I've heard.
     
  6. potato28

    potato28 Diamond Member

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    When is the next full business day? Tomorrow? That's probably the date it'll get processed. Unless you have special privileges for a business or such.