OT: Banking Q

ASH · 11-12-2007, 11:11 PM

Can someone please explain to me how this works......

I bank with Regions...and right now I have a ledger balance of about $100 (didn't make it to the bank on friday). But have pending transactions that equal $107 it's been like that all weekend of course because the bank has been closed.

my question is will those pending transactions go through in the morning or later tomorrow???? If I'm at the bank as soon as they open can I make my deposit and that go through b4 the pending transactions go through?

I've been looking online all night trying to find that simple answer but no luck. I'm still a child and still learning all this banking stuff. But I'm freaking out!!!! So please help!!

I'm so embarresed to even have to put this up but I don't know who else to ask.

vdituri · 11-12-2007, 11:13 PM

chances are the charges will go through tonight in their bath processing.
Just depends on the computer validation of the charges. Some charges take a couple days to validate.
But if not if you get in first thing tomorrow you should be o.k. with your deposit.

BigAl07 · 11-12-2007, 11:13 PM

It's possible they will go through in the WEE hours of the morning as they bank will "process" sometime after midnight tonight.

I wont/can't go into details but that's fairly common practice for some banks. That's one reason why I changed financial institutions last year. I went to a local credit union and it's been so sweet since then.

AQTCJAK · 11-12-2007, 11:14 PM

you pending trans actions can eith be tonight @ midnight or tomorrow @ midnight depending on your bank I know mine will post all deposits & withdrawls made from saturday until today tomorrow night.

I know that really doesnt help but gives you an idea of how banking works

ASH · 11-12-2007, 11:15 PM

Well that was my fear....Thank you all

framerguy · 11-12-2007, 11:18 PM

You will probably be ok if you get your deposit in in the morning-each financial institution has slightly different policies, but usually pending items will be affected by what you do before the next "close of business" time, which for our local Regions branch is 2:00 in the afternoon. Good Luck and don't panic-
Gail

ASH · 11-13-2007, 01:21 AM

Quote:

Originally Posted by framerguy

You will probably be ok if you get your deposit in in the morning-each financial institution has slightly different policies, but usually pending items will be affected by what you do before the next "close of business" time, which for our local Regions branch is 2:00 in the afternoon. Good Luck and don't panic-
Gail

Thank you framerguy. That puts my mind at ease so now maybe I can sleep. I stayed up late tonight just to check my account at 12:00 and no charges. So I'll make my deposit tomorrow and hopefully be in the clear.

Thank you again everyone for the responses.

Lol I swear I think I'm OCD sometimes. I worry over everything and I can't function until I know it's ok. I think that's why in the past I've posted some pretty dumb threads LOL.....can't help it sorry.

Melanie · 11-13-2007, 06:00 AM

If you can make your deposit CASH that will help a lot. Sometimes your deposit will go into pending as well if it is a check.

ASH · 11-13-2007, 12:23 PM

So of course this morning Ben couldn't get his car to start....dead battery. So he has to take my car to work. And of course at the time I didn't care....It's 5 in the morning I don't care what you do. But then I wake up at about 7 and realize I have no car to go make my deposit. Could this week get any worse.

But then my wonderful neighbors get home and they take me. And Melanie I took your advise cashed the check the deposited it. Thank you

BigAl07 · 11-13-2007, 02:07 PM

Quote:

Originally Posted by Melanie

If you can make your deposit CASH that will help a lot. Sometimes your deposit will go into pending as well if it is a check.

Good call Mel! That's one way to get around it as long as the check you cashed is GOOD

CATALYST · 11-13-2007, 02:26 PM

Do you have a savings account linked to your checking? Sometimes they'll just pull the money out of your savings to cover the charges and then charge you a fee.

ASH · 11-13-2007, 09:22 PM

Lol AL the check was GOOD.....It was Ben's work check.

I need to do that Cat. I usually don't ever come that close to being at 0 so hopefully this won't happen again.

BigAl07 · 11-13-2007, 11:03 PM

11-12-2007, 11:11 PM	#1 (permalink)
ASH Plate Coral Join Date: Aug 2007 Location: Panama City Beach FL Posts: 719 View Gallery Karma Komment	OT: Banking Q Can someone please explain to me how this works...... I bank with Regions...and right now I have a ledger balance of about $100 (didn't make it to the bank on friday). But have pending transactions that equal $107 it's been like that all weekend of course because the bank has been closed. my question is will those pending transactions go through in the morning or later tomorrow???? If I'm at the bank as soon as they open can I make my deposit and that go through b4 the pending transactions go through? I've been looking online all night trying to find that simple answer but no luck. I'm still a child and still learning all this banking stuff. But I'm freaking out!!!! So please help!! I'm so embarresed to even have to put this up but I don't know who else to ask. __________________ Have a look at our "work in progress" http://www.reefsanctuary.com/forums/...5gal-gift.html

11-12-2007, 11:13 PM	#2 (permalink)
vdituri Excellent Guesser :D Join Date: Aug 2006 Location: Sacramento California Posts: 5,725 View Gallery Karma Komment Add yours!	Re: OT: Banking Q chances are the charges will go through tonight in their bath processing. Just depends on the computer validation of the charges. Some charges take a couple days to validate. But if not if you get in first thing tomorrow you should be o.k. with your deposit. __________________ Victor ----- People come into our lives for a reason, a season or a lifetime. When you know which one it is, you will know what to do for that person. When someone is in your life for a REASON, it is usually to meet a need you have expressed. They have come to assist you through a difficulty, to provide you with guidance and support, to aid you physically, emotionally or spiritually. They may seem like a godsend and they are. They are there for the reason you need them to be. Then, without any wrongdoing on your part or at an inconvenient time, this person will say or do something to bring the relationship to an end. What we must realize is that our need has been met, our desire fulfilled, their work is done. The prayer you sent up has been answered and now it is time to move on.

11-12-2007, 11:13 PM	#3 (permalink)
BigAl07 Reef Addict (hopeless) Join Date: Mar 2007 Location: Waynesville, North Carolina Posts: 10,619 View Gallery Karma Komment Add yours!	Re: OT: Banking Q It's possible they will go through in the WEE hours of the morning as they bank will "process" sometime after midnight tonight. I wont/can't go into details but that's fairly common practice for some banks. That's one reason why I changed financial institutions last year. I went to a local credit union and it's been so sweet since then. __________________ Allen Allen's testimonial . . ."Let Me help you help YOURSELF" (Click Here) with a SW set up there is one basic fundamental rule that we ALL should follow *When in doubt... wait it out. This means take it slow and let the tank "develop" and don't rush it. Time is your friend Ask me about how to increase your REEF budget without going without FOOD!!* Big Al's 10g Julie's (BigAl's Gal) 6g NanoCube BigAl's Slow 90g Tank Chronicle Allens OFFICE 12g Nano-Reef Reef Balls & Cakes Debt Free & Change your Family Tree!!

11-12-2007, 11:14 PM	#4 (permalink)
AQTCJAK Tiger Shark Join Date: Aug 2007 Posts: 6,937 View Gallery Karma Komment Add yours!	Re: OT: Banking Q you pending trans actions can eith be tonight @ midnight or tomorrow @ midnight depending on your bank I know mine will post all deposits & withdrawls made from saturday until today tomorrow night. I know that really doesnt help but gives you an idea of how banking works __________________ A Wiseman once said build a stage add a pole & they will dance - Jack 2007 www.aquaticaggression.com Projects & Chronicels http://www.reefsanctuary.com/forums/...car-buffs.html http://www.reefsanctuary.com/forums/...nts-tanks.html

11-12-2007, 11:15 PM	#5 (permalink)
ASH Plate Coral Join Date: Aug 2007 Location: Panama City Beach FL Posts: 719 View Gallery Karma Komment	Re: OT: Banking Q Well that was my fear....Thank you all __________________ Have a look at our "work in progress" http://www.reefsanctuary.com/forums/...5gal-gift.html

11-12-2007, 11:18 PM	#6 (permalink)
framerguy Manta Ray Join Date: Jun 2007 Location: Mount Airy, Ga Posts: 3,326 View Gallery Karma Komment Add yours!	Re: OT: Banking Q You will probably be ok if you get your deposit in in the morning-each financial institution has slightly different policies, but usually pending items will be affected by what you do before the next "close of business" time, which for our local Regions branch is 2:00 in the afternoon. Good Luck and don't panic- Gail __________________ ___________________________________ Greg All time fav quote: "Now and then it's good to pause in our pursuit of happiness and just be happy."-Guillaume Apollinaire "Being happy can be as easy as deciding to be!"-Greg Kimsey (framerguy) Still Workin' on it! 390gDT built in wall, Gargantuan DIY Beckett Skimmer, 150g sump, Sequence Hammerhead closed loop, 75 gallon seagrass/mineral mud refugium, 55 gallon crushed coral/live rock refugium, 30 gallon DSB/ cheatomorpha refugium, algae turf scrubber, DIY calcium reactor, DIY kalkwasser mixer, DIY light system w/4x 250MH & 4x54w T5, etc, etc, etc... chronicles-akwareum (\___/) This is Bunny. (=O.o=) Copy and paste him into your signature (")__(") to help him gain world domination

11-13-2007, 06:00 AM	#8 (permalink)
Melanie Golden Moray Join Date: Jun 2007 Location: Naples, Florida Posts: 2,120 View Gallery Karma Komment Add yours!	Re: OT: Banking Q If you can make your deposit CASH that will help a lot. Sometimes your deposit will go into pending as well if it is a check. __________________ My Reef Journey Latest Recap My Videos My Flickr Photos Pres. of Dork Club I love ScubaDrew and North East Coral! Read why HERE...

11-13-2007, 12:23 PM	#9 (permalink)
ASH Plate Coral Join Date: Aug 2007 Location: Panama City Beach FL Posts: 719 View Gallery Karma Komment	Re: OT: Banking Q So of course this morning Ben couldn't get his car to start....dead battery. So he has to take my car to work. And of course at the time I didn't care....It's 5 in the morning I don't care what you do. But then I wake up at about 7 and realize I have no car to go make my deposit. Could this week get any worse. But then my wonderful neighbors get home and they take me. And Melanie I took your advise cashed the check the deposited it. Thank you __________________ Have a look at our "work in progress" http://www.reefsanctuary.com/forums/...5gal-gift.html

11-13-2007, 02:26 PM	#11 (permalink)
CATALYST Harlequin Tuskfish Join Date: Mar 2007 Location: SoCal Posts: 916 View Gallery Karma Komment	Re: OT: Banking Q Do you have a savings account linked to your checking? Sometimes they'll just pull the money out of your savings to cover the charges and then charge you a fee.

11-13-2007, 09:22 PM	#12 (permalink)
ASH Plate Coral Join Date: Aug 2007 Location: Panama City Beach FL Posts: 719 View Gallery Karma Komment	Re: OT: Banking Q Lol AL the check was GOOD.....It was Ben's work check. I need to do that Cat. I usually don't ever come that close to being at 0 so hopefully this won't happen again. __________________ Have a look at our "work in progress" http://www.reefsanctuary.com/forums/...5gal-gift.html

11-13-2007, 11:03 PM	#13 (permalink)
BigAl07 Reef Addict (hopeless) Join Date: Mar 2007 Location: Waynesville, North Carolina Posts: 10,619 View Gallery Karma Komment Add yours!	Re: OT: Banking Q __________________ Allen Allen's testimonial . . ."Let Me help you help YOURSELF" (Click Here) with a SW set up there is one basic fundamental rule that we ALL should follow *When in doubt... wait it out. This means take it slow and let the tank "develop" and don't rush it. Time is your friend Ask me about how to increase your REEF budget without going without FOOD!!* Big Al's 10g Julie's (BigAl's Gal) 6g NanoCube BigAl's Slow 90g Tank Chronicle Allens OFFICE 12g Nano-Reef Reef Balls & Cakes Debt Free & Change your Family Tree!!

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