u/thenewuser88

▲ 0 r/Banking+1 crossposts

I have friends who bank at Wells Fargo or other banks and their Friday paycheck post to their account on the Wednesday before. But then banks like Charles Schwab and Bank of America don’t post the paycheck (same employer) to the account until Thursday evening or even Friday morning. Does anybody know why? Are these other banks simply being greedy about the float?

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u/thenewuser88 — 6 days ago