0
Can funds be transfered from one Copart account to another Copart account?
Wiki User
∙ 16y ago
if the account is not pass due (yes) money oweing to copart must be paid frist
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Can a bank move your funds from one account to another without your permission?
No. It is your account and the bank cannot move funds from one account to another without your approval or rather without you asking them for it.
What is it called when you move money from 1 bank account to another and another?
Transfer funds
Is bank allowed to transfer funds from one account to pay overdraft on another?
Banks can transfer funds from one account to another with your permission. Many banks have this option available to you when you open your account/s. Check with your financial institution.
What is banking an example of?
Wiring funds from one account to another -APEX
What are the risk's of depositing your money in someone's bank account?
Once you deposit your funds into another individuals bank account, those funds are no longer yours. You can not get your money back unless the owner of the account withdraws the funds and decides to give them to you. I recommend getting your own bank account.
Can you transfer funds from one bank to another?
Yes, through PayPal. Sign up for a free PayPal account and upload the funds from your bank. Add the other bank to your account and withdraw the uploaded funds to your other bank.
What is the appropriate account title for transfer of funds to another banks?
Investment Cash in Bank
Which of the floowing is an example of electronic banking?
Wiring funds from one account to another -APEX
Is it safe to put money in Amtrust?
No, Amtrust is no longer around due to filing chaper 11 in 2009. Funds were transfered to another bank in New York City.
Is your brokerage account insured if your broker fails or goes bankrupt?
Not really insured, but you still own whatever stocks, bonds, or mutual funds you are invested in. I believe that custody of the certificate would pass on to another firm. It would be like if your insurance agent went broke, you would still have coverage from the parent company and your policy would be transfered to another agency.
What is a fiduciary account?
fiduciary account -- a savings account, the funds of which are owned by one individual but administered for that individual's benefit by another individual, such as a legally appointed conservator, trustee, or agent.
What is CDA in banking meaning and use?
CDA is a banking acronym for Controlled Disbursement Account. A CDA bank account is a subsidiary account to a Master account that is manually funded for a specific purpose (i.e. Accounts Payable, Payroll, etc.). Usually the CDA account balance is checked each morning for withdrawn funds, and if approved the exact funds are transfered from the Master account to satisfy the withdrawal. The alternative bank account structure is a ZBA account, which stands for Zero Balance Account. A ZBA account is a subsidiary account that is directly tied to the Master account so that any deposits/withdrawals are automatically transferred (swept) to the Master account, thereby maintaining a Zero Balance in the subsidiary account. The primary difference is that CDA provides a higher level of security since it requires a positive confirmation to transfer funds between the Master and Subsidiary accounts.
