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After the Republic t.r.s. does a pre-deposit in your bank account how soon do they usually deposit your tax refund?
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Can you deposit a cheque in your name into someone elses account?
If you endorse it as payable to them it will usually be accepted for deposit into someone else's account.
What does prenote in direct deposit mean?
A Pre-Note is a test deposit to see if the submitted banking information is correct, i.e., routing and account numbers. This is usually done on a new account set up for Direct Deposit.
Which number on deposit slip is the account number?
On deposit slips, like on checks, the account number is usually the second number. If in doubt, the routing number, at least in the United States will always contain nine numbers.
Need to change direct deposit account number?
You need to contact the person to whom you have given the direct deposit instructions (Usually your employer) and submit a written request to change the direct deposit account number. In the request you need to mention the new account number into which you expect the money to be credited. In most cases, employers have a website in which you can login and change your direct deposit account details. If they don't have it, a written letter should do.
What are the differences between a current and deposit account?
A current account is one in which you keep a certain amount of money and use it for your regular day to day transactions. For ex: to pay your phone bill, to pay for your groceries etc. Banks usually do not give you a significant interest on your deposit in this account because of the liquid nature of the account and because you can withdraw your funds anytime you want. A deposit account is one in which you keep a fixed sum of money for a specific duration (Usually atleast a few months) based on an agreement with the bank. The bank does not expect you to withdraw funds regularly from this account and hence gives you a better interest rate. These are also called Term Deposit accounts or Fixed Deposit accounts.
Can you deposit a cheque in your name into someone elses account?
If you endorse it as payable to them it will usually be accepted for deposit into someone else's account.
Can you deposit someone else cheque into your account?
Under some circumstances, yes, but in general no. For instance, you can usually deposit checks written to your minor children into your account.
What does prenote in direct deposit mean?
A Pre-Note is a test deposit to see if the submitted banking information is correct, i.e., routing and account numbers. This is usually done on a new account set up for Direct Deposit.
Who much is the opening deposit for a checking account?
It depends on the bank and also the type of account you are opening. for example a basic feature savings account in a nationalized bank in India requires a min balance of 500 rupees and for an account with a cheque book requires 1000 rupees for private banks the min balance is usually 2500 or 5000 or even more based on the facilities provided.
How much is deposited into bank account to verify funds?
A deposit of 1 or 2 cents is usually used to verify a bank account.
What is republic trs?
It usually means the tax refund services have done a pre-deposit check in your account to make sure they have the right bank account information. This More than likely is not your tax refund. "Tax Refund Services" is what trs means. When your tax money is deposited you probaly won't see this notice again they will just deposit the money into this account. Hope this was helpful!
Can you put a direct deposit down on a home?
"You will, in fact, need to provide some type of deposit down on a home you intend to purchase and the monies usually need to be in an easily accessible account, such as a checking or savings account, a 401k account or a bond."
Which number on deposit slip is the account number?
On deposit slips, like on checks, the account number is usually the second number. If in doubt, the routing number, at least in the United States will always contain nine numbers.
Need to change direct deposit account number?
You need to contact the person to whom you have given the direct deposit instructions (Usually your employer) and submit a written request to change the direct deposit account number. In the request you need to mention the new account number into which you expect the money to be credited. In most cases, employers have a website in which you can login and change your direct deposit account details. If they don't have it, a written letter should do.
What are the differences between a current and deposit account?
A current account is one in which you keep a certain amount of money and use it for your regular day to day transactions. For ex: to pay your phone bill, to pay for your groceries etc. Banks usually do not give you a significant interest on your deposit in this account because of the liquid nature of the account and because you can withdraw your funds anytime you want. A deposit account is one in which you keep a fixed sum of money for a specific duration (Usually atleast a few months) based on an agreement with the bank. The bank does not expect you to withdraw funds regularly from this account and hence gives you a better interest rate. These are also called Term Deposit accounts or Fixed Deposit accounts.
What is a lodgement?
A lodgment is money given to a bank for your account. It usually requires a deposit slip or a lodgment slip.
Is the fixed deposit and term deposit same?
Yes. Fixed Deposit and Term Deposit both refer to the same thing. A deposit account is one in which you keep a fixed sum of money for a specific duration (Usually atleast a few months) based on an agreement with the bank. The bank does not expect you to withdraw funds regularly from this account and hence gives you a better interest rate.
