How Long Does It Take a Check Deposit at the ATM to Clear?
When Does a Check Deposit at the ATM Clear?
Take a look at the table below to compare posting times and funds availability at the top 10 U.S. banks. (Keep in mind a bank's branch posting and cut-off times may vary with the location.)
ATM Deposit Cutoff Times at Top 10 U.S. Banks
|Bank Name||ATM Deposit Posting Time||Funds Availability|
|Bank of America||5pm local time||$200 available the first business day after deposit; remaining funds available the second business day|
|Branch Banking and Trust (BB&T)||6pm, excluding weekends and federal holidays||$100 available on the day of deposit; remaining funds available the next day unless a longer hold is required|
|Capital One||9pm ET||$200 available next business day; remaining funds available the second business day|
|Chase||11pm ET||Deposits available the next business day; if a 2-day hold applies, the first $200 is available the second business day|
|Citibank||10:30pm||Generally available the same business day|
|PNC Bank||10pm/ET||$100 available on the day of deposit; remaining funds available the second business day|
|SunTrust||12pm local time||Generally available the next business day|
|TD Bank||8pm local time||$100 available on the day of deposit if your account has been open 90 days or longer|
|U.S. Bank||6pm local time (8pm local time at deposit envelope ATMs)||$200 available the day of deposit; remaining funds available the next business day|
|Wells Fargo||4pm Mon-Thurs., 6pm Fridays, local time||Generally available the same day; $200 available on the next business day if a hold applies|
Even though your balance may reflect the full amount of the deposit on the day it's posted, your check hasn't actually cleared at this point.
The bank is essentially giving you credit for the money but the funds still have to be released from the account of the person or company who wrote it.
Assuming there are no problems, this process can take anywhere from 2 to 11 business days, depending on the size of the check, how long you've had your account and what bank the check is issued from.
ATM Deposit Cutoff Times and Account Posting
While you can make a check deposit at an ATM at any time during the day or night when you put it in makes a difference in terms of when it actually posts to your account.
At the top banks, the cutoff time for deposits made at the window is either 2 p.m. or the end of the business day, with the exception of TD Bank, which gives you until 8 p.m.
The cutoff times for ATM deposits, however, vary substantially from one bank to another.
Chase customers, for instance, have until 11 p.m. ET to get their check to the ATM in order for the transaction to post the next day, but if you bank with SunTrust, you'll need to make your deposit by noon.
Generally, if you wait until after the cutoff time, your check will be included in the next business day's processing, which means it would take an extra day to post.
For example, if you made a deposit at a SunTrust ATM at 2 p.m. on a Tuesday, it would be processed at the end of a day on Wednesday and post to your account on Thursday.
Tip: Any ATM deposits made the day before a weekend or holiday won't post until the second business day.
Same-Day Availability vs. Next-Day Availability
When you deposit checks at the ATM, the money doesn't show up in your account right away.
Typically, if the check is for more than a couple of hundred dollars, the bank will hold a portion of the deposit.
TD Bank, for instance, makes the first $100 of a check deposited at the ATM available that day but the remaining amount wouldn't hit your account until the next day, assuming you got it in before the posting cutoff time.