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Depositing a blank deposit slip into the ATM and then withdrawing the cash?
Wiki User
∙ 15y ago
you can do it at most banks. not Chase Bank though. be careful, i got my account shut down because of it.
Wiki User
∙ 15y ago
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What are the techniqes of ATM fraud?
depositing empty envelopes and withdrawing the cash right after.
What is element of banking?
This is a system of maintaining cash, deposit and saving and withdrawing cash and cheque
What is a bank CD?
A CD refers to a Certificate of Deposit. It is a certificate given to you by a bank for depositing cash with them. They would pay you an interest for having the deposit with them.
Can you deposit a check made out to cash?
Yes we can make this by depositing the cheque in our account
What are the uses of ATM?
1. Withdrawing cash2. Depositing cash3. Depositing cheques4. Checking account balance5. Account mini statement6. Mobile recharge/top up etcIt takes money out of your bank account and gives you it in cash
Can anyone deposit cash into a bank account owned by someone else and have the funds immediately available to them?
If the person who is depositing the cash has the name of the person and/or the account number of who they wish to deposit cash in yes they can do so. Some banks may limit the funds availability depending on the amount of cash.
How do you Cash or deposit check payable to two people with only one person present?
Both person's signatures must appear on the endorsement of the check. If you are only depositing the check without any intention of withdrawing it there is usually not a problem. If you wish to cash it immediately and there is any question as to the validity of the second signature, the bank can compare the signatures against the "sample" signatures they will have on file.
What is Demand deposit?
A demand deposit is a normal checking or savings account at a bank. Demand deposit accounts can be drawn against by writing a check or withdrawing cash. They can also be drawn against by the use of a debit cards.
When depositing a check you receive what do you need to write on the back of the check?
You write your name as it is spelled on the front of the check. This signifies that the check was intended for you, to cash or deposit.
Can a bank ask why you only deposit cash?
They cannot ask why you are depositing cash but they can always ask, how you got the money. The bank has the right to know the source of the funds that are being deposited into an account with them. This is done to catch potential money launderers and terrorism financers. So, as long as you have a legal source of income for the cash you are depositing, you have nothing to worry about.
Can you cash a check at an ATM?
Actually No. You cannot cash it immediately. But what you can do is, there will be drop boxes in ATM's for depositing cheques. You can fill in the deposit form and attach your cheque with it and drop it in the box. In 2-3 working days your cash would be credited to your account.
Can you deposit cash into an ATM with just an account number?
No. You need your ATM card to access your account for depositing cash. Utilize other option go over the counter transaction. Just provice your account number.
