0
How come one can withdraw money from a bpi family passbook even if the account is not under her name and without approval from the depositor?
Wiki User
∙ 12y ago
You cannot. No bank would allow someone to withdraw money from another persons bank account without their approval. Trying to do so is illegal and you can be jailed for it. Also, if a bank is lax in its security precautions and allows such transactions, the bank can be closed by the central bank.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
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.
What is A paycheck is electronically transferred into the depositor's account without the depositor having to come to the physical location of the credit union office?
direct deposit
If you have lost your bank passbook letter formet?
To, The Manager __________ (Fill in the name of the bank and branch in the blanks) From, _____ (Fill in your Name) ______(Fill in your Address & Phone number) Sir, Sub: Reg. Lost Passbook for Bank Account ______ (Fill in the Account number) As my passbook linked to my bank account _____ (fill in your bank account number) has been lost I kindly request you to issue a fresh passbook card so that I can keep track of my banking transactions like before. Thank you ________ (Fill your name and sign)
I have lost bank passbook letter formet?
To, The Manager __________ (Fill in the name of the bank and branch in the blanks) From, _____ (Fill in your Name) ______(Fill in your Address & Phone number) Sir, Sub: Reg. Lost Passbook for Bank Account ______ (Fill in the Account number) As my passbook linked to my bank account _____ (fill in your bank account number) has been lost I kindly request you to issue a fresh passbook card so that I can keep track of my banking transactions like before. Thank you ________ (Fill your name and sign)
Which banks or building societies offer a passbook savings account?
There are many banks or building societies that offer a passbook savings account to customers. One can get them from 'Yorkshire Building Society', 'Chelsea Building Society' and 'West Bromwich Building Society'.
What is and individual account?
this is a single-named account where the person whose name appears on the passbook has the sole right to withdraw funds.
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.
Record book for a saving account?
passbook
What is record book for a savings account?
A Passbook
A passbook account is a type of checking account?
Maybe. A passbook is just a booklet that contains all details of banking transactions done on the bank account to which it is linked. It can be linked to a savings account, a recurring deposit account or even a checking account. So, by just knowing that an account has a passbook, we cannot conclude if it is a checking account
Why is a passbook useful for an individual with a savings account?
A passbook is useful for an individual with a savings account because it allows that individual to keep track of how much money he or she has in that account.
The cash account in the depositor's ledger is a?
In the depositor's ledger, its cash account is an asset with a debit balance. Account assets also includes accounts receivable and inventories.
Record book for a saving account is called what?
A Passbook
Can a thief withdraw from your passbook?
If a thief has access to your passbook, they may be able to make unauthorized withdrawals. It is important to report any suspicious activity to your bank immediately to prevent further unauthorized transactions. Consider placing additional security measures on your account to prevent access by unauthorized individuals.
Record book for savings account?
Passbook
Is it ok not to have a passbook on bank accounts?
Yes. A passbook is essentially a way to get a summary of transactions when a customer doesn't feel comfortable using online banking and does not want to wait for a bank statement. It is also a way to withdraw money if you don't have your account and customer numbers customized, but a bank teller can also look up your account information if you show ID.
Definition of checking account?
an account at a bank against which checks can be drawn by the account depositor.
