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.
Best Answer: Depending on where you are using it, it can clear in as soon as 30 Seconds...It all depends on who ever the check is made out to, when they take it to the bank to cash, what bank they use. If you give someone a personal check, and they take it to the bank, it will clear with-in a minute or two...(Thanks to on-line access between banks). If you use it at a store, It will clear as soon as their deposit is run at the bank.