Long since removed from my bank account (Thursday), I have to wait till the following Thursday to request a withdrawl. Where does this money sit for an entire week?
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It actually sits in waits for Instadebit to credit your book with the funds as it's an e-check option which does require a processing time from the book, to instadebit, to your bank, back to instadebit and then instadebit finally notifies your book that your funds were credited.
It's like writing a physical check, just cause you wrote it, it doesn't mean the funds will be available when the bank tries to cash it.Comment