I made a cash deposit into my checking account. I attempted a withdrawal later that day and was told I could not withdraw until tomorrow. Can the bank do this?
Generally, a bank or credit union has until at least the next business day to make your cash deposit available to withdraw or to use these funds to cover your checks and debits.
If the deposit was not made in person to an employee of the bank or credit union, the bank or credit union must make the funds available the second business day after the banking day on which the cash was deposited.
The content on this page provides general consumer information. It is not legal advice or regulatory guidance. The CFPB updates this information periodically. This information may include links or references to third-party resources or content. We do not endorse the third-party or guarantee the accuracy of this third-party information. There may be other resources that also serve your needs.