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No. A bank cannot do that. A bank cannot transfer money from one account to another without prior approval or permission from the account holder from whose account money is going to be taken. If such a thing happens, the affected customer can sue the bank.
If I'm a signer on my mom's bank account can a bank take her money to pay my past due credit card balance?
Anyone who has you bank details can deposit money into your account. Only YOU can withdraw it.
It IS their account. The only way to keep the money in an account is to sign up with them for an account that requires both signatures for withdrawal. Otherwise, the money will be used.
You have to set up an electronic transfer through your bank, in your case Chase bank. When you set up an online transfer through your bank, they will process the request to transfer money through the Automated Clearing House (ACH). Once the payment goes through, the money will be put into your Chase account and taken out of the account at the other bank...
how do send a mail to bank while transfer money from account to another
No. A bank cannot do that. A bank cannot transfer money from one account to another without prior approval or permission from the account holder from whose account money is going to be taken. If such a thing happens, the affected customer can sue the bank.
If I'm a signer on my mom's bank account can a bank take her money to pay my past due credit card balance?
Transfer funds
If you want to do this online, in the UK you need their bank sort code and account number. Your bank account will then have a facility for transferring funds to that account. It may be the same elsewhere.
Anyone who has you bank details can deposit money into your account. Only YOU can withdraw it.
It IS their account. The only way to keep the money in an account is to sign up with them for an account that requires both signatures for withdrawal. Otherwise, the money will be used.
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Walk into an ATM and deposit the money into your bank accountWalk into the bank branch (any bank that you have an account with) and deposit the money into your bank account
Once you deposit your funds into another individuals bank account, those funds are no longer yours. You can not get your money back unless the owner of the account withdraws the funds and decides to give them to you. I recommend getting your own bank account.
You have to set up an electronic transfer through your bank, in your case Chase bank. When you set up an online transfer through your bank, they will process the request to transfer money through the Automated Clearing House (ACH). Once the payment goes through, the money will be put into your Chase account and taken out of the account at the other bank...
First you need a bank account and money you put the money in the bank account, wait for a year or two and then you get more money in your bank account