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Can I use my credit card to put money in someone's bank account?
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How long does it take to clear the bank if i deposit money into someones account how long does it take to clear the bank if i put money into someones account?
Most times, the deposit should be cleared into their bank account within 24 hours. The amount will vary depending upon the bank and when you make the deposit.
Can you go on line and transfer a money order to someones bank account?
yes
What does cash in the bank mean?
It means you bank account is in credit, you have money to spend.
When you add money to your bank account is it debit or credit?
It's a credit. When you take money out - it's a debit.
What is direct credit?
direct credit is money transferred from 1 bank account to another.
How long does it take to clear the bank if i deposit money into someones account how long does it take to clear the bank if i put money into someones account?
Most times, the deposit should be cleared into their bank account within 24 hours. The amount will vary depending upon the bank and when you make the deposit.
Can you go on line and transfer a money order to someones bank account?
yes
What is the punishment for stealing money from someones bank account?
The punishment for stealing money from someone's bank account can vary depending on the amount stolen and the laws in the jurisdiction where the crime occurred. It can range from fines to imprisonment. It is considered a serious crime and can result in criminal charges and legal consequences.
Why is the balance as per bank statement on the bank reconciliation statement a credit if its a favorable balance but in the bank account the credit means you owe the bank money?
The Debit and Credit on a bank statement reflect the Bank's accounting records, not yours. So when you deposit money into your account, the bank owes you that money to you - it is a liability for them, therefore a credit entry. Similarly, if they charge you a bank fee, it reduces their liability to you, so they would Debit your account (on their books) and Credit an Income account.
Does amazon accept money from bank account?
Yes, Amazon accepts money from the bank account via the credit cards.
What does cash in the bank mean?
It means you bank account is in credit, you have money to spend.
When you add money to your bank account is it debit or credit?
It's a credit. When you take money out - it's a debit.
What is direct credit?
direct credit is money transferred from 1 bank account to another.
Why do funds paid into your bank account appear as credit entries on your bank statement?
The funds are a credit to the bank that is issuing the statement. They "owe" you the money, therefore the credit.
Can bank take money from one account to pay into another?
If I'm a signer on my mom's bank account can a bank take her money to pay my past due credit card balance?
When there is a credit balance on a bank statement it means?
It means that you have money in your bank account that can be withdrawn whenever you need. A credit balance indicates that there is money in your account whereas a Debit balance indicates that you owe money to the bank. You can withdraw as much money as you have in your account anytime you want if the account is a saving or checking account. If it is a Time Deposit, you may have to wait until the deposit matures or incur the penalty for premature closure.
How do you borrow money with very poor credit and no bank account?
with great difficulty
