Commercial Bank and Checking Accounts

Can you use checks from a closed checking account?


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2013-03-18 21:00:46
2013-03-18 21:00:46

Why would you think this would work? This is fraud.

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The primary reason interest checking accounts are hard to find is because of how they work. Interest checking accounts provide a mid to high interest rate on money in an account, along with the ability to write checks and transfer money. An interest checking account is a mix between an easily accessible account, which allows you to use checks and debit cards, and a high interest account, which usually doesn't allow the freedom to use checks.

Chase offers a checking account called Chase Access checking that you may be approved for. There is a monthy fee of $10 and you can't use checks, but you get a debit card.

A commercial checking account is a bank account for a company to be able to have access to money easily with the ability to withdraw via checks, online services, ATM's and electronic debit.

Typically no. A regular joint checking account just allows two people to have access. Either person can write checks, use a debit card, withdraw money, etc.

Use the site to find cheap checks for your checking account. They have a ton of different styles as well as checks that have birds on them.

Balancing a checkbook and a checking account are one in the same. A checkbook is simply a written record of checks you've written, however you might need to reconcile your checkbook if you use your checking account for more than just handwritten checks (debit card purchases, electronic payments, etc)

A checking account is an account where cash can be quickly withdrawn with the use of checks or debit cards. A current account is a financial asset account in accounting in which assets can be easily made liquid or have a turnover period of less than a year.

an opened account with the mim amount of money in it meaning you havne't closed the bank account and can use or add money to write checks, debts ect

so you can add money or save it into your saving can also use it for a checking account and writting out checks.

Most banks charge fees for the checks you use for your checking account. However, some banks such as Bank of America may offer free checks to enhance their business.

Banks do not use the same checking account number twice. The routing number is the same for many accounts as it is a geographical designation of where your bank/branch is located.

I am currently in Chapter 13 and I can use my checking account the same as I did before I filed.Just make sure you don't use your checking account to pay any debts that you didn't list in your bankruptcy.

It depends on why the bank closed your account.No If:The bank closed your account because you did not use the account for the past few months orThe bank closed your account because you did not maintain minimum balance requirements orYes If:a. The bank closed your account because the account was involved in suspicious activities like money launderingb. The bank closed your account because links to known terrorists or drug dealers were found from your bank accountc. The bank closed your account because you issued checks to people without maintaining sufficient balance in your bank account

A savings account is intended for saving money. As such, it has a higher interest rate. A checking account usually do not have an interest rate, but you can use checks and (for some banks) debit cards to withdraw money.

There are very few places that accept personal temporary checks (those checks given to an individual when opening a new checking account). Some places that will: * Landlords * Utility Companies * Telephone Companies * Municipalities/Local Government Agencies Most retailers (e.g., grocery stores, restaurants, hardware stores, etc) will NOT take temporary checks. When opening your account, be sure to ask for a debit/ATM card that can be activated immediately. This way, you may use cash in your checking account at retail outlets.

A checking account is a basic type of account where you can keep your money and use it as and when you like. Having a checking account is good because:You can save your surplus cash in the account for your future needsYou get an ATM/Debit card that you can use for shoppingYou get a check book that you can use to pay off people money that you owe them

No. once an account is closed, it ceases to exist. It is no longer a valid account that can be used for transactions. So if someone wants to charge you for anything, they cannot use this bank account. Even the bank cannot charge anything on that account.

Yes, your bank checks will be legitimate if you order from Current Checks. Current Checks can issue checks for you no matter what financial institution you use.

There are quite a few benefits to having an online checking account. For one, there is no need to balance your check book because all transactions are displayed in real time online. Also, one can use an online checking account to pay all monthly bills or send checks to people without have to be physically present or having to pay postage.

You use the automated clearing house (ACH) system. Your employer can direct-deposit your earnings into your online account, and you can access them using a debit card provided by the online bank.

You may be able to add someone as a joint owner of the account, which would allow them to access the account (make withdrawals, write checks, use online banking, have a debit card, etc) but you can still order checks with only your name on it. However, bank officials will still be able to see the joint owner's name on the account - it just wouldn't be on the checks. Ask your bank if they allow this.

Pizza places in Zephyr Hills Florida and elsewhere are unlikely to use a persons personal Bank Of America Checking Account as a form of payment unless using a bank card or physical check associated with the account. Presently, physical checks, in most places are on a steady decline as a form of payment.

Yes you can. It would be limited because when you use your debit card it checks for your balance in the checking account. If you you have it linked to your saving or to a credit card than it will reduce your savings account first and then charge the credit card.

Yes. The name/names on a check simply means they are legally authorized to sign it. * The names on the checks are really not the issue. When a checking account is jointly held one of the holder's cannot simply take their name off the account. The account has to be closed and each party will be required to open a new account in whatever status they choose. It would be in the best interest of the person wishing to be excluded from financial responsibility to contact the bank to make certain they have been relieved of all responsibility concerning the account. The UCC states that only the signer of a check is responsible. However, not closing the account properly can create any number of problems for one or both account holders.

There are several benefits from opening and maintaining a business checking account rather than using your personal checking account. When you use a business checking account you are segregating your business funds from your personal funds, thus creating better organization for your business. Also, having the business checking account will help at tax time because all your business transactions will be within the business checking account and there will be no need to sort through your personal transactions. Finally, the business checking account will allow you to use a taxpayer identification number (TIN) so the funds can legally be owned by your business, instead of using your social security number on the checking account. For a small business, opening a business checking account allows you to get more interests. In addition, transactions are processed faster compared to a personal account.

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