You use your HSA account to pay for qualified medical expenses. This includes doctorâs bills, prescription medications, and a bunch of other stuff. The beast is that the IRS requires you to keep good track of all your HSA expenses. It took me a while to figure out a good process for that.
PNC Bank has a different set of rules depending on the age of the bank account. For bank accounts less than 30 days old, the check will clear in two business days. For accounts older than 30 days, a check will clear the next business day.
It usually takes about two business days for a deposited check to clear, but it takes a little longer â about five business days â for the bank to receive the funds. How long it takes a check to clear depends on the amount of the check, your relationship with the bank and the standing of the payerâs account. Wait a few days before contacting your bank about holds on deposited checks. Your Deposit Receipt