How does the bank process a check deposited into an account?
Posted by Smycze | Posted in Corporations | Posted on 07-05-2010
Tagged Under : Check Mail, Mail Check, Request Cash
pinktinkxoxo asked:
How does the bank get cash from another bank when a check is deposited? Does the bank mail the check to the bank it was written from and request cash or is it like a credit with that bank?
How does the bank get cash from another bank when a check is deposited? Does the bank mail the check to the bank it was written from and request cash or is it like a credit with that bank?