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A bank can take money from another account in their bank to pay a charge off. They have to reveal this in paperwork with small print that you more than likely signed without knowing it. Check your bank's policy but bank's are tightly regulated and follow the law very closely.
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∙ 9y ago
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Can a bank you have a charge off with take money direct deposited in your name to another members account?
no
What do own banks ATM mean?
Own Bank ATM means that the Bank owns the ATM. If you are a customer of this bank then there is (usually) no charge from withdrawing your own money from your account using this ATM. If the ATM were owned by another bank, you would most likely have to pay a charge to withdraw money from your bank's account.
I have some money despoisted on my PayPal account if i spend that money does the charge appear on the bank statement or not because it isn't whithdrawing money from the bank is it?
you did not mention if your account comes in a passbook or an ATM card. if it is a passbook account, bank charge will only appear in your bank statement if you fall below the bank's minimum balance requirement. and if it is an ATM, bank charge will also appear if you withdrew your money to other bank's ATM machine.
How do you transfer money to your Chase Bank account from another bank?
You can write a check and deposit it into your Chase account in a branch, or through the ATM. You can also wire transfer the funds, but your other bank may charge you, and Chase may charge you for an incoming wire transfer.
Can you withdraw money from your account from different banks?
It is possible to draw money from an account while at a different bank if the person in question has the bank accounts linked. Another option would be, if the person uses a checkbook, to write a check from the bank they want to draw money from and cash it at the bank they're at, but this may result in a service charge from the bank they're at if they do not have an account with them.
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
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.
How much does pay pal charge you to transfer your money to your bank account?
freee
Can you transfer money from ICICI bank to SBI account without collection charge?
Yes, We can i need to transfer my money to icici to sbi account
How much money do you need to open a student bank account in Chase bank and if there going to charge you?
You need $50 to open a student account at ay Chase bank worldwide.
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?
What is it called when you move money from 1 bank account to another and another?
Transfer funds
