How a Checking Account Moves Money

You tap your phone and see five hundred dollars in a checking account. It looks like money sitting in one place. Yet some of it may have arrived only provisionally. Inside this episode: - The Account Is A Record - A Deposit Can Have Stages - What Happens When You Pay - Ach Pushes And Pulls - Why Timing Feels Uneven Sources include the references linked below. Sources and further reading: - [CFPB, Bank accounts and services](https://www.consumerfinance.gov/consumer-tools/bank-accounts/) - [Federal Reserve Board, Automated Clearinghouse Services](https://www.federalreserve.gov/paymentsystems/fedach_about.htm) This episode provides general financial education, not personal financial, investment, tax, legal, credit, or insurance advice. Products, rules, and individual circumstances vary. Follow Money Mechanics for more plain-language explanations of everyday finance.