A situation when a check deposited at the Federal Reserve Bank receives "same day funds" i.e. the funds are immediately available to the recipient. This only happens in cities with their own Reserve Bank however, and the normal waiting period for most deposited checks is two days of "deferred availability". Banks will also usually give immediate credit for checks when drawn against accounts in that same branch.
Related information about immediate credit:
- Immediate Credit Recovery, Inc.
Student loan collectors located in upstate New York.
- Immediate Credit Definition | Investopedia
The Federal Reserve practice of "clearing" checks deposited by member banks on the same day they're deposited. This service is only available when the ...
- Immediate Credit: Definition from Answers.com
Immediate Credit Check given Same-Day Funds availability when presented to a Federal Reserve Bank for collection.
- What is immediate credit? definition and meaning
Definition of immediate credit: A situation when a check deposited at the Federal ... Banks will also usually give immediate credit for checks when drawn against ...
- For Immediate Credit, Choose An Instant Approval Credit Card
Sep 29, 2006 ... Sometimes you need fast approval for your credit application: not days, but minutes. An instant approval credit card is one way you could obtain ...
- Immediate Credit Recovery, Inc. - Better Business Bureau
BBB's Business Review for Immediate Credit Recovery, Inc., Business Reviews and Ratings for Immediate Credit Recovery, Inc. in Marietta, GA.
- What Is Immediate Credit?
Brief and Straightforward Guide: What Is Immediate Credit?
- Free Credit Report - Checking Your Credit Rating
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