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Can a bank manager draw money from cc account without notice for loan?
Wiki User
∙ 10y ago
I am not sure what you mean. A bank can not remove money from customers accounts except as detailed in the terms and conditions for having an account with the bank signed by the customer when opening the account or notified to the customer as a variation in terms and conditions.
Wiki User
∙ 10y ago
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Can a creditor take money from your savings account without prior notice or at all for that matter?
No. A Credit cannot take money from your savings account without giving you prior notice. But, if you have an electronic funds transfer arrangement (for loan repayment) or if you have given him your bank account check (Signed) then he will be able to take money from your account. In these 2 cases, he need not give you a notice because it is understood or rather assumed that you know that he is going to do it and since you have signed and approved the same another intimation is not required.
Can you keep money that is accidentally deposited in your account?
If money is put into your account by mistake and you notice this, you should tell the bank. It is not your money and you can not keep it. However, if you genuinely do not notice and happen to spend some of this money, you could make a case to the bank that you have acted in good faith and that you would suffer hardship in repaying the sum. As it will have been the banks mistake in placing the money in your account they may write off the amount....but this is not certain.
Can a bank transfer money from one account to another without permission?
No. A bank cannot do that. A bank cannot transfer money from one account to another without prior approval or permission from the account holder from whose account money is going to be taken. If such a thing happens, the affected customer can sue the bank.
Can your bank take money from your account without your consent?
Yes that is why they pay intrest on your money they use
Can husband take money from joint account without wife permission?
Of course. That's the purpose of a "joint" account.
Can a creditor take money from your savings account without prior notice or at all for that matter?
No. A Credit cannot take money from your savings account without giving you prior notice. But, if you have an electronic funds transfer arrangement (for loan repayment) or if you have given him your bank account check (Signed) then he will be able to take money from your account. In these 2 cases, he need not give you a notice because it is understood or rather assumed that you know that he is going to do it and since you have signed and approved the same another intimation is not required.
A demand deposit is an account in a commercial bank on which checks can be written and from which money can be withdrawn without any advance notice?
monetary policy
A demand deposit is an account in a commercial bank on which checks can be written and from which money can be withdrawn without any advance notice.?
monetary policy
How much does a customer service manager earn?
how much money does a account manager earn
How do you write a letter to bank manager for transfer one person account money to another person's account?
how do send a mail to bank while transfer money from account to another
What is the difference between a interest bearing checking account and a NOW account?
An interest bearing account can be allowed withdraws immediately, like a regular checking account. A NOW account generally requires a seven day notice before money can be withdrawn. So they're similar, only one requires a notice to get money out of.
Can you keep money that is accidentally deposited in your account?
If money is put into your account by mistake and you notice this, you should tell the bank. It is not your money and you can not keep it. However, if you genuinely do not notice and happen to spend some of this money, you could make a case to the bank that you have acted in good faith and that you would suffer hardship in repaying the sum. As it will have been the banks mistake in placing the money in your account they may write off the amount....but this is not certain.
How do you write a letter to the bank manager for transfer money from saving account to current account?
Usually you can do it online with a few clicks of your mouse.
How much money does a account manager earn?
The average account manager makes around 55,000 dollars a year. This can go up or down depending on what type of accounts are managed and what company you work for.
Can individuals without a Paypal account send money via credit card to my PayPal account?
Yes - anyone can deposit money into your Paypal account - whether they have an account or not.
Can a debtor take money out of your account without your permission?
no
Money has gone into my account in error can the bank take it back without my permission?
Yes, they absolutely without a doubt can take it back. Just because they erred and put it in the wrong account (yours) doesn't not mean you are entitled to it. If your money went into someone elses account due to bank error, wouldn't you want the bank to take it back and give it to you? If you notice(d) it before they did, wouldn't you want to be honest and call them to tell them?
