Why does a posted check say it was returned to the payee because of insufficient funds?
Each day the bank processes the checks presented to us by your payees and we post the checks to your account. The following business day, we have to return any checks that overdraw your account, and we credit that amount back to your checking account. Consequently, you see the item post the first day and then credit the next business day if we return the item because of insufficient funds in your account. We provide you the image so you know the payee on the check.
