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The credit union must make the funds available on the next business day following the receipt of the electronic payment.
An electronic payment is received when the credit union receives both:
the payment in collected funds; and
information on the account and amount to be credited.
You may want to review the account agreement you received when you opened the account. It should contain information on the credit union’s funds availability schedule.
An electronic payment is received when the credit union receives both:
the payment in collected funds; and
information on the account and amount to be credited.
You may want to review the account agreement you received when you opened the account. It should contain information on the credit union’s funds availability schedule.