Share post
Debt Consolidation Forums Banking and Chexsystems forums

Question about 'deposit only" acct

member profile picture
Posts: 33
Credits: 0

When you have your acct placed on a "deposit only" status, how do you get at your funds? No ATM or checks clear either? Can you then later, say, 6 months down the road, have it converted back?


check with your bank manager.some banks might handle it differently from to be sure.

Sub: #1 posted on Wed, 02/10/2010 - 14:12

paulmergel paulmergel
Moderators Cum Industry Expert
(Posts: 15514 | Credits: )

agreed, when i had my account on deposit only my bank made it quite clear that this was temporary only and they prefer for me to close it out and to reopen a new account. each bank has different policies, your bank can help.

Sub: #2 posted on Wed, 02/10/2010 - 14:19

bea2ls bea2ls
(Posts: 3840 | Credits: )

More information
  • Files must be less than 500 MB.
  • Allowed file types: txt pdf jpg jpeg png.

Page loaded in 0.902 seconds.