Wierd banking situation

THEPOSTMAN! · Apr 12, 2007

I noticed today on my PNC online bank statement that a transaction that was done on prepaid visa, a week ago has been reversed and that money is back in my account.

Last week, I used the online prepaid visa to fund my account, the transaction went through and money was withdrawn from my account. I looked at my PNC bank statement online today and that transaction has dissapeared. Any advice?

I decided to not do any transactions at that bank for awhile and see if I hear anything. The account is only about a month old.

mrd694 · Apr 12, 2007

Ya I heard that some company's will not allow you to purchase a www.www-card.com using your visa

mrd694 · Apr 12, 2007

*companies

THEPOSTMAN! · Apr 12, 2007

they approved it and about a week later looked like they dissaproved it.

GoSteelers248 · Apr 15, 2007

well...hopefully i can try to explan this for you since I used to work at a bank..what happens is that when you purchase something online, all those transactions will be considered credit transactions. When you make credit tans, in order for merchant to get paid from your bank acct, they need to submit the paper work. If they don't sumbit that paper work usually within 3-5 business days, money will be put it back into your bank account and you won't even see that trans on your bank statement. However, that money can be withdrawn right away as soon as that merchant submits the paper work to bank and your bank will post that trans right away instead of that trans go through pending trans again.....

Wierd banking situation

Search

THEPOSTMAN!

New member

mrd694

New member

mrd694

New member

THEPOSTMAN!

New member

GoSteelers248

Banned

Forum statistics

Share this page