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.
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. When you deposit a check at an ATM or at the tellerâs counter inside the bank or at a drive-thru, you get a receipt that usually says when the funds will be available. Keep the receipt handy until the check clears.