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Yes. It is called an "overdraw". It is the banks money, and the bank will charge you an extra fee of anywhere from 10$-40$ every time it happens.
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∙ 16y ago
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Is it possible to withdraw money from passbooks in any BPI banks now?
You can't withdraw money from any BPI branch... You can only withdraw from the BPI branch where you opened your Passbook account.
How much money can a person typically withdraw from an account?
You can withdraw any amount you wish from your account but if you want to withdraw from an ATM there is normally a daily limit in the amount that you can withdraw that depends on each bank.
How old do you have to be to get money from your bank account?
doesn't matter: if the account is in YOUR name than you can withdraw at any time
Is their any limit in amount withdrawn from savings account?
Actually No. You can withdraw any amount, as long as you have that much balance in your bank account. Banks usually dont ask any questions when you withdraw cash from your own savings account. However, if you are trying to withdraw a large sum, lets say 25 lakhs, banks may require a days notice to arrange the cash. They cannot refuse the request, but they can ask you to comeback after sometime so that they can arrange for that much money. Most small bank branches dont stock-up that much money
If there are three people on an account in Kansas can one take all the money out of the account?
Yes. Any holder of the account is authorized to withdraw all of the funds in the account.
You don't have a credit card and use PayPal but you don't know if can you spend the money in the account?
Any money you have in your PayPal account is yours. You can spend the money with any online retailer who accepts PayPal or you can withdraw it to your bank/checking account. To withdraw the money you need to be "verified" and if you haven't already been through the procedure, you'll find a link telling you exactly what you need to know on your PayPal account summary page.
Do you need money to get a PayPal account?
nope i have one and dont have any money
How old do you have to be to withdraw money from your account?
14 years old Actually, you can be any age as long as you can reach the buttons on an ATM and have a card linked to the account you want to draw money out of.
I want to withdraw funds from account?
If you're looking to withdraw funds from your own checking account and you have a bank card, you can do so at your bank, at an ATM, or at any business that offers cash back on debit card purchases. If you wish to withdraw funds from an account other than your checking account, you'll have to go to your bank or have the money you wish to withdraw transferred to your checking account (this can be done online or over the phone in many cases).
How do you withdraw money from joint bank account?
A joint bank account is just like any account. You can withdraw money by all means like ATM, Checks, Withdrawal through withdrawal slips in the bank etc. however, the only difference is the fact that either of the account holders of the joint account can do this and one party cannot restrict the other parties involved in the joint holding of the account from withdrawing funds from the account.
Is it possible to withdraw money from passbooks in any metro bank branches?
is it possible to withdraw money from passbook in any metrobank branch
Can you withdraw money if you have a negative balance?
Some ATM's will let you withdraw money even when you are overdrawn. however if you go to a teller then you will not be able to withdraw any money.
