Knowledge Base
Direct Deposit Questions & Truliant
When Will My Direct Deposit Be Available?
Funds from electronic direct deposits to your account will be available on the day we receive the deposit. You can check your available balances securely and simply via Online Banking.
What is a Bank Draft?
A bank draft guarantees funds from your financial institution, it is very similar to a personal check, except the money is always guaranteed with a bank draft. A normal check could bounce.
What is a VOD Letter?
Verification of Deposit Letter is a request from another financial institution or lender, requesting confirmation of funds in an account. Mortgages or Home Equity loans are most common.
Truliant does not create a VOD letter, nor do we keep any on file. We are the recipient of the request to verify funds.
No fees are charged to verify funds in a members Truliant account.