It depends on the specific account you have, so make sure to check with your bank. Generally though banks will allow a few (5 or so) checks to be written against the account.
Yes, the IRS can levy funds from a money market account if you owe back taxes and have not made arrangements to pay. They can issue a levy to the financial institution holding the account, which would require the bank to freeze and then transfer the specified amount to the IRS. It's important to address any tax liabilities promptly to avoid such actions.
The money belongs to the person to whom the Cash was paid to. For ex: let us say I issue a check for USD 500 to you and you deposit it with your bank. Once the bank credits the money into your account, you own the 500 dollars. Similarly, the person who got the check cashed is the owner of the money after it is cashed.
process of payment, common money market,issue money
All federal loans are sent directly to the school. If money is not owed, the school can issue a check to you for the credit on your student account.
issue me a cheque book for my new account
If they have a legal claim on money in that account, and they get a court to issue an order, yes.
Has no bearing on wether there is money in the account. Routing number just signifies which bank & is the same for all checks they issue from that particular bank.
A new issue of a security with a very short maturity
No. As long as you have money that can be deposited into the savings account, the bank cannot deny giving you a savings account. However, if you have a history of bad checks being issued, default on credit card payments etc the bank will not issue you any credit cards or check booklets.
If you wire money to the wrong account, it can be difficult to recover the funds. You should contact your bank immediately to report the error and try to resolve the issue. It may involve working with your bank and the recipient's bank to try to recover the money, but there is no guarantee of success. It is important to double-check all account details before making a wire transfer to avoid this situation.
A bank issues a cashiers check,on behalf of a depositor, by setting funds aside from the depositor's account.
You have to wait until the estate is setled. Speak to a lawyer regarding the law in your area.AnswerIf the account is the only property in his name check at your local probate court for a simplified process by which the court will issue some form of authority in your name that will give you the power to close the account.