Funds verification charges

[Bateluer]

Say I order a 500 USD item, the company places a 'hold' charge on my account, which I then see in the Pending transactions of my online banking. Suppose I have 700 USD in the account, with the 500 USD pending, so 200 USD showing as available. Then, I release that it was the wrong item and I cancel the order before it can be shipped. How long should it take for that 'hold' charge to disappear and my all the funds to be listed as available again?

 

[Bateluer]

Anyone know? Maybe I should have picked a more interesting title . . .

 

[bwnv]

As long as they take the hold off before 3:00pm should get back after midnight. Credit unions are usually another day or two. (Bof A myself)

 

[Bateluer]

Originally posted by: bwnv
As long as they take the hold off before 3:00pm should get back after midnight. Credit unions are usually another day or two. (Bof A myself)

Thanks for the reply

 

[Viper GTS]

Technically it can be 30 days.

Viper GTS