When you make a deposit into your checking account, you may want to use that money right away to get cash, write checks or make a purchase. But as is the case at other banks, how quickly you can access the money you’ve deposited into your M&T checking account depends on a number of factors.
What you should know when making a deposit:
Details When you make a deposit,
how quickly can you can access the
funds depends on the type of deposit
(cash, check, or electronic direct
deposit, etc.), whether you make a
deposit at a branch or ATM and
even the time of day. Remember:
How, When, Where, and What type of
deposit you make will impact when
funds become available for use.
Direct Deposit Use direct deposit whenever possible - funds from an electronic direct deposit are available for your use on the same business day
that we receive the deposit.
Web Banking Look at your deposit on M&T Web Banking®. When you
click on the deposit in your transaction history, you will see when the deposit
will be available to you.
For specific information about when funds from deposits become available for
use, talk to a branch representative today.