Kim Komando: The big online banking mistake you didn’t know you were making | Business News

Kim Komando: The big online banking mistake you didn’t know you were making | Business News


Enter the amount written on the check. (This step could come sooner, depending on your bank.)

Confirm the details and select Deposit. Confirm everything, and you’re good to go.

That’s when you’ll get a message saying your check is processing. But it would be best if you didn’t immediately write this off as done — there’s still more to do.

Watch for checks that haven’t cleared

It’s tempting just to upload your check, then shred it or toss it out. After all, you may think, “Now that’s over and done. Time to move on to bigger and better things!”

Not so fast. Your check will take some time to clear. Of course, there are a few different factors to consider:

How long you’ve been with the bank

The status of the payer’s account

Usually, checks clear pretty quickly. But you want to leave yourself enough time to make sure you get your money. That’s why I recommend waiting for two weeks until you trash a check.

Set a reminder for 14 days from now

Once you’ve deposited a check through your banking app, head to whichever app you use to set reminders. I go with Google Calendar, where I keep track of all my meetings and appointments. Here are 12 tips and tricks to help you stay organized if you use Google Calendar, too.



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