0
Are the bank ask your identification while deposit cash in smeone account?
Wiki User
∙ 10y ago
Mostly Yes, especially if the amount you are depositing is significantly large. For ex: If I were to deposit Rs. 5000/- into my dad's account, no one would bother much, but I were to deposit Rs. 50 lakhs, then the bank will ask me to produce some sort of ID to confirm who I am as well as to establish the relationship I have with the account holder into whose account I am trying to deposit the funds.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Can your husband sign your check and deposit it into his account while you are separated?
No. In saying this I am assuming the account is not a joint account with him and he has forged your signature. If he has done this he has committed a crime and you should go to the police and tell the bank.
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.
Will it cost you to open a bank account?
Most banks don't charge you for opening a normal bank account. However they would expect you to deposit a certain amount of money as initial deposit towards your account that is being opened. If you want to open an NRI account or a private banking account (like what some banks offer their wealthy clients) you may have to incur some charges while opening them.
How do you withdraw money from a demand draft?
f I got your question right then a DD has been issued from bank XYZ in your name and you want to deposit it in ABC. I don't see a problem in this. If the DD only has your name on it you can deposit it in any bank where you have an account. While if the DD has your bank & account details printed along with your name then you have to deposit it in the same bank as mentioned in the DD.
Who can get an account with the Bank of Blue Valley?
Many people can get an account with the Bank of Blue Valley. While the Bank of Blue Valley may require identification and the verification to show that one will meet the approval of the Bank of Blue Valley's financial requirements, anyone qualified can get an account.
While in a chapter 13 how much money can you deposit in a secured credit card savings account?
While in a Chapter 13 bankruptcy, the money that can be deposited in a secured credit card savings account varies individually. The amount must be presented to a trustee and approved based on the case.
What is the difference between a time deposit and a certificate of deposit?
A time deposit (also known as a term deposit, particularly in Canada, Australia and New Zealand; a bond in the United Kingdom) is a money deposit at a banking institution that cannot be withdrawn for a certain "term" or period of time. When the term is over it can be withdrawn or it can be held for another term. Generally speaking, the longer the term the better the yield on the money. A certificate of deposit is a time-deposit product. A Certificate of Deposit (CD) can be traded, while a time deposit cant be traded because it is linked to a bank account.
Can you provide your employer with Dad's bank details until your own bank account is set up?
Typically, you can not provide your employer with your dad's bank details while you are waiting for your own bank account to be set up. Most employers require your name to be on the account before they can deposit money to an account.
What can one do with one bank account?
You can do many things with a bank account, including storing money there for later use while building interest on it, and setting up direct deposit with your job and the bank so that instead of having to cash a check, it will automatically go to your bank account.
What are the advantages of a current bank account?
A current account allows you to deposit money at one bank and then withdraw it at any other bank in the region. This makes it easier to access your cash, and allows you to pay with checks, deposit cash, and otherwise deal with your account at any bank. Some banks offer interest on current accounts, while others do not. Finally, of course, like any other bank account, it keeps your money safe until you need it.
Can I deposit a check into someone else's checking account?
Yes, but conditions must be met. The person has to endorse the check and you may have to have the funds of your own in the account to cover the check in case it is NSF.You may have to wait to use the funds until the check clears the bank it was issued from.
How do you make a guild bank on Neopets?
There is no way to create a guild bank. The best you can do is deposit the Neopoints into your own personal bank account while keeping track of how much belongs to the guild.
