When you deposit a paper check into your bank account yourself, your bank must communicate with the issuer’s bank before releasing your funds. It takes time for a bank to confirm the details of ...
A money market account (MMA) is a savings account that typically allows you to write checks and to earn more than you would with a traditional savings account.
Check with your bank to ensure that you aren't limited to a certain number of debit transactions each month. What's the Difference Between a Money Market Account and a Certificate of Deposit?
you'll want to go with a different bank. You might also struggle to get money in and out of the account; you won't have access to ATMs or mobile check deposit with this account, and Openbank doesn ...
Many current accounts insist that their customers deposit a minimum amount of money into it each month (typically ... rather than the paper cheques. This has reduced cheque clearing time to 2 days.