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Small sum of money given as deposit?
Earnest.
Should you give your earnest deposit money to the title co?
An earnest money deposit is a good faith deposit that a buyer puts forth to secure the contract and to illustrate to the seller the seriousness of their investment. The following are some guidelines as to how/who a buyer should facilitate their earnest deposit to:Never give an earnest money deposit to the seller.Make the deposit payable to a reputable third party such as a well known real estate brokerage, legal firm, escrow company or title company.Verify that the third party will deposit the funds into a separately maintained trust account.Obtain a receipt.It is unadvisable to authorize a release of your earnest money (or a pass-through) until your transaction closes.
What are types of credit processing?
There are several different types of credit processing. There is the ATM, automated teller. There you can withdraw or deposit money. Then there is a human bankteller. There you can speak with a human, and deposit or withdraw money.
Why might you go into a bank?
Rob it, withdraw money, deposit money, cash check
WHAT IS EMD guarantee?
Earnest Money Deposit. It is show the seriousness of the buyer in carrying out the transaction
What is it called to take money out of your bank account?
It can be called a withdrawal or a deposit.
Who is bank employee who helps customers deposit or withdraw money?
Teller
Can you deposit money into an edd account?
No withdraw only
Can you use a personal item as earnest money?
ANYTHING or any amount can be used as Earnest Money as this is about the mutual contract between the contracting parties. this is the satisfaction of the seller that on what thing or money he is ready to accept as EARNEST MONEY OR DEPOSIT. this is to secure the transaction and it is the satisfaction of the seller only
What is the difference between a normal savings account and nre account?
In normal savings account, you deposit Indian money (rupee) and you can withdraw it in the same indian money. In nre account you can only deposit foreign currency and you withdraw indian currency. you cant deposit indian money in this account
Can you dopsit money into a frozen bank account?
Yes - you can deposit money but - you won't be able to withdraw it !
Can you deposit cash on ATM machine?
No, an ATM machine allows you to withdraw money. You have to use a Cash Deposit machine.
