"24 Hour Banking Adjustment"

albionmoonlight · 09-20-2007, 08:09 AM

So I just logged into my bank account to see if a check had cleared, and I noticed that Wachovia had deducted $18.00 from my account, calling it a "24 HOUR BANKING ADJUSTMENT."

Anyone know what that is? I'm gonna call to figure it out, but I thought that if someone here knew, it might save me some time.

I've never seen it before.

Mustang · 09-20-2007, 08:32 AM

It is a multiple of 9 so, probably transposed some numbers and caught in 24 hours later when they balanced.

You may have deposited a check for say, $113 but, they deposited $131 and then deducted the $18 from your account later.

JonInMiddleGA · 09-20-2007, 08:51 AM

Another possibility is that this doesn't refer to something they've done in a 24-hour period but rather something to do with ATM's (aka 24 Hour Banking).
A combined set of service charges for ATM transactions maybe?

albionmoonlight · 09-20-2007, 09:07 AM

Quote:

Originally Posted by JonInMiddleGA

Another possibility is that this doesn't refer to something they've done in a 24-hour period but rather something to do with ATM's (aka 24 Hour Banking).
A combined set of service charges for ATM transactions maybe?

That's what I am wondering. If they are charging me for using ATMs at a certain time, then I want to know it so I can stop doing it and/or change banks.

Though Mustang's explination makes sense, especially because my ATM habits have not changed, and this is the first time that I have seen this on the account.

QuikSand · 09-20-2007, 09:10 AM

Quote:

Originally Posted by Mustang

It is a multiple of 9 so, probably transposed some numbers and caught in 24 hours later when they balanced.

Leader in the clubhouse.

DaddyTorgo · 09-20-2007, 09:10 AM

Quote:

Originally Posted by Mustang

It is a multiple of 9 so, probably transposed some numbers and caught in 24 hours later when they balanced.

You may have deposited a check for say, $113 but, they deposited $131 and then deducted the $18 from your account later.

scary smart thinking!

albionmoonlight · 09-20-2007, 09:21 AM

I guess they call it a 24 Hour Banking Adujstment because it would have been mean of them to call it the stupid customer adjustment.

Having done a little digging, I realize that I am the one guilty of having deposited a recent check while transposing the numbers $18.00 in my favor. Not their fault at all.

Thanks for saving me a phone call.

John Galt · 09-20-2007, 09:26 AM

Quote:

Originally Posted by albionmoonlight

I guess they call it a 24 Hour Banking Adujstment because it would have been mean of them to call it the stupid customer adjustment.

Having done a little digging, I realize that I am the one guilty of having deposited a recent check while transposing the numbers $18.00 in my favor. Not their fault at all.

Thanks for saving me a phone call.

Wow. Mustang wins the thread in a landslide.

JeeberD · 09-20-2007, 04:52 PM

Quote:

Originally Posted by albionmoonlight

I guess they call it a 24 Hour Banking Adujstment because it would have been mean of them to call it the stupid customer adjustment.

Having done a little digging, I realize that I am the one guilty of having deposited a recent check while transposing the numbers $18.00 in my favor. Not their fault at all.

Thanks for saving me a phone call.

I once did an ATM deposit for something like $1500.00, but when I was entering in the amount on the ATM screen I forgot to hit the final two zeros for the cents, and it showed a $15.00 deposit. I was about to go on vacation and needed the money badly, but luckily my bank fixed it for me fairly quickly...

I still felt like the biggest idiot in the world, though.

SnowMan · 09-20-2007, 05:14 PM

I made a $54 error..but in the opposite direction! It was like free money!

sterlingice · 09-20-2007, 07:10 PM

Quote:

Originally Posted by Mustang

It is a multiple of 9 so, probably transposed some numbers and caught in 24 hours later when they balanced.

You may have deposited a check for say, $113 but, they deposited $131 and then deducted the $18 from your account later.

Um... just, damn.

SI

09-20-2007, 08:32 AM	#2
Mustang Grizzled Veteran Join Date: Oct 2000 Location: Wisconsin	It is a multiple of 9 so, probably transposed some numbers and caught in 24 hours later when they balanced. You may have deposited a check for say, $113 but, they deposited $131 and then deducted the $18 from your account later. __________________ You, you will regret what you have done this day. I will make you regret ever being born. Your going to wish you never left your mothers womb, where it was warm and safe... and wet. i am going to show you pain you never knew existed, you are going to see a whole new spectrum of pain, like a Rainboooow. But! This rainbow is not just like any other rainbow, its... Last edited by Mustang : 09-20-2007 at 08:40 AM.

09-20-2007, 08:51 AM	#3
JonInMiddleGA Hall Of Famer Join Date: Nov 2000 Location: Behind Enemy Lines in Athens, GA	Another possibility is that this doesn't refer to something they've done in a 24-hour period but rather something to do with ATM's (aka 24 Hour Banking). A combined set of service charges for ATM transactions maybe? __________________ "I lit another cigarette. Unless I specifically inform you to the contrary, I am always lighting another cigarette." - from a novel by Martin Amis

09-20-2007, 09:21 AM	#7
albionmoonlight Head Coach Join Date: Oct 2000 Location: North Carolina	I guess they call it a 24 Hour Banking Adujstment because it would have been mean of them to call it the stupid customer adjustment. Having done a little digging, I realize that I am the one guilty of having deposited a recent check while transposing the numbers $18.00 in my favor. Not their fault at all. Thanks for saving me a phone call.

09-20-2007, 05:14 PM	#10
SnowMan High School Varsity Join Date: Oct 2000 Location: Georgia via Alaska via Washington	I made a $54 error..but in the opposite direction! It was like free money!

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