How do Banks Process Deposits? When are Funds Available?

Banks process different deposits in different ways. After making a large deposit into your account, it can sometimes take a while for those funds to become available. Learn how banks process deposits and why you may not be able to immediately access your money with this video from Better Money Habits.
00:00 How banks process deposits
00:16 Cash deposits
00:42 Direct deposits
01:05 Check deposits
03:09 Mobile deposits
03:29 Bank cutoff times for deposits
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