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Will my check bounce or do I have time to deposit money in the bank?

My rent is due and I have to put it in the drop box by the 5th, I usually put it in there on the 1st but I had an event planned that day so I forgot but put it in the drop box about 7am on the 2nd, which was a sunday. Usually when the 1st is on a week day the money comes out of my account within a couple of days, I looked at my account and it's some dollars short but I'm going to the bank straight after work today to put in the rest of the money. It's only Tuesday and before I was with Wamu but they officially did the switch so it would be coming out through chase. Do you think that it bounced already or by me going to the bank today it will be fine?

Update:

TRO: The first person seemed to understand the question just find.

And how is it that depending on the time you get to the bank determines whether the deposit will post that day if it's cash. Isn't cash available as soon as you deposit it?

2 Answers

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  • 1 decade ago
    Favorite Answer

    Even though they are open, most banks have a cut-off period from 3-4PM when they will take deposits with today's date on them. If you

    make it today early, I think you'll be ok. but if you come in @5 or

    later ,the deposit will be posted the next day and you may be out of luck

    Source(s): banker for over 25 days
  • tro
    Lv 7
    1 decade ago

    if you normally pay the rent by depositing in the drop box, I don't see what that has to do with your being short in the bank, unless you didn't put enough in the bank to cover it in the first place

    and the bank switch will have no delay in their process

    your question is not clear to me

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