Submitted: Monday, June 30, 2008
Posted: Monday, June 30, 2008
Striderq
Columbia
U.S.A.
First, I'm sorry to hear of the trouble your having.
Second, we have no control over the transaction done on your account or when they post. You control the transactions by where and when you spend your money. The merchant controls when they request the money from your account.
Third, it sounds like you need to keep a register of transactions and not spend money you don't have available. If you have monthly recurring payments (insurence, mortgage, etc) I suggest subtracting those at least one week before they're due to make sure you leave that money in your account for them. Then subtract every check when you write it and every debit card purchase when you make it. If you do this and keep the balance in the positive then you will not have any OD fees. Because you're talking at least 43 transactions last year that were accessed OD fees.
Submitted: Monday, June 30, 2008
Posted: Monday, June 30, 2008
John
Califon
U.S.A.
that a bank is going to monitor YOUR account personally.
'How do they all get withdrawn on the same day?'
Because that's when the merchants submit them and banks have no control over that no matter how much you want to think they do.
Learn how banking actually works. What did your register that you faithfully keep say? It certainly said that your deposit had not yet cleared and you spent money you didn't have.
Submitted: Tuesday, July 01, 2008
Posted: Tuesday, July 01, 2008
Ken
Randolph
U.S.A.
These transactions arrive at the bank in batches, and the whole batch gets posted all at the same time. It would stand to reason that you might see several items all post together. This shouldn't matter, the money is supposed to already be in the account when you make the transaction.
If you are trying to beat the transaction to the bank with a deposit, bear in mind that they are processing electronically while you are running down there on foot.