Bank deposit which has not yet been acknowledged by the bank on which the check was drawn. Most banks don't allow drawing on uncollected funds.
Related information about uncollected funds:
- Uncollected Funds Definition | Investopedia
The amount of a bank deposit that comes from checks that have yet to be cleared by the bank from which the checks are drawn. Essentially, uncollected funds ...
- Uncollected Funds: Definition from Answers.com
Uncollected Funds 1. Checks or drafts that have not been paid by the drawee bank. Also called uncollected items.
- Uncollected Funds - Financial Dictionary - The Free Dictionary
The amount of bank deposits in the form of checks that have not yet been paid by the banks on which the checks are drawn.
- What are Uncollected Funds?
Brief and Straightforward Guide: What are Uncollected Funds?
- What is uncollected funds? definition and meaning
Definition of uncollected funds: Bank deposit which has not yet been acknowledged by the bank on which the check was drawn. Most banks don't allow drawing ...
- Uncollected Funds - UCF - UFH - UF: Returned Check Messages
Avoid UCF / UF / UCH and Uncollected Funds Returns and Verify Checks: Call 1- 900-868-2995.
- uncollected funds
A bank deposit where the availability of the funds has not yet been acknowledged...
- uncollected funds Definition | Business Dictionaries from ...
portion of bank deposit made up of checks that have not yet been collected by the depository bank-that is, payment has not yet been acknowledged by the bank ...