When does itunes take money out?

new to itunes and so far i am not seeing anything coming out of my checking account. Should itunes process payment as i purchase or is this a once a month thing?

I generally find that mine comes out within 1-2 days, I believe that this is for reasons to do with efficiency, if one buys multiple songs over the period over a day, they dont want to be invoicing you multiple times, so the invoice is collated over a period of, I'm guessing, 24 hours,then removed the day after. Hope that helps.

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