Checking Accounts: Understanding Your Liberties. You are already aware in several ways how your bank checking account works.

Checking Accounts: Understanding Your Liberties. You are already aware in several ways how your bank checking account works.

You are already aware in a variety of ways just exactly just how your bank checking account works. You compose paper checks, withdraw cash from a automatic teller machine (ATM), or pay having a check card. Your paycheck might pass by “direct deposit” into the account, or perhaps you may deposit checks at a bank’s teller screen or ATM.

But recently, you may have noticed alterations in your bank checking account. The checks you compose may be “clearing”—the cash is being taken out of your account—more quickly. Read more