When you apply for a deposit account and the opening conditions are met, meaning:
I) we have correctly received any additional documentation (if required), and
II) the funds you indicated in the application are available in your Raisin Account,
Raisin Bank sends your application to the partner bank and the corresponding funds are "reserved" in your Raisin Account, pending the bank's confirmation of the account’s opening.
Once the partner bank confirms the opening, Raisin Bank sends the funds to the bank and you will be able to see them in your Raisin Account statement.