[General] keep a lookout of the funds?

[goodstudent]

Someone is transferring funds to me and I want to say I will keep checking my bank account and send him the goods once i have received the money.

1) I will keep a lookout of the money and once it is in, I will send out the goods right away.

Is the sentence 1) above correct?

Not sure if "lookout" have another meaning which means "keep looking to prevent the money from disappearing"

 

[SoothingDave]

"For the money."

 

[goodstudent]

"For the money."

So using the word lookout is correct?

 

[MikeNewYork]

So using the word lookout is correct?

It works.

 

[Barb_D]

I don't much like "once it is in." Once I have received it. Once it's in the bank account. Those sound better to me.

 

[probus]

"Of" is the wrong preposition. You keep a lookout for the funds, or simply look out for them.

 

[Rover_KE]

Not sure if "keep a lookout" could have another meaning, such as "keep looking to prevent the money from disappearing".

No, it couldn't. Checking your bank account cannot stop money disappearing.