You can put it into a trust account owned by an attorney; you can set up a trust of your own and open an account in the name of the trust, with a trustee's name; you can use the money to capitalize a new corporation of which you're the only shareholder and then deposit the money in the corporate account, among other ways.
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.
You do not have to justify using money in your bank account unless you are in the middle of a bankruptcy and someone is overseeing what you are doing. There are few occasions where you have to divulge this type of information.
You can withdraw money from a bank account by the following ways: a. Visiting the ATM and using the ATM Card b. Visiting the bank and using a withdrawal slip c. Visiting the bank and using a check If you want to withdraw cash in person - these are the only 3 ways.
Yes that is why they pay intrest on your money they use
Yes, if you know his bank account number. Deposit has no problem but withdrawal is not possible without authentic signature of the account holder.
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.
No, you cannot. It is illegal.
You do not have to justify using money in your bank account unless you are in the middle of a bankruptcy and someone is overseeing what you are doing. There are few occasions where you have to divulge this type of information.
Make a bank account and ask to withdraw.......
I don't think it would work without a bank accout.
Yes you can.
You can withdraw money from a bank account by the following ways: a. Visiting the ATM and using the ATM Card b. Visiting the bank and using a withdrawal slip c. Visiting the bank and using a check If you want to withdraw cash in person - these are the only 3 ways.
Yes that is why they pay intrest on your money they use
Online payments must go to a bank account. Using a routing number for the bank being used and the account for which it is being placed.
Yes, you can.
Yes, We can i need to transfer my money to icici to sbi account
ECS stands for Electronic Clearing System. It is the system by which money can be credited/debited from a bank account by a bank. Let us say you want to apply for a loan with ABC Bank, they will get the details of the bank with whom you already have an account and then ask you to fill up an ECS form using which ABC bank can debit (take out) the money due to them as part of the monthly loan repayment automatically from your account without you having to make a trip to the bank to deposit the money against your loan account. The same is applicable for salary credit into your account too. If you submit an ECS form to your employer with your bank details they can directly credit your salary every month without you having to receive a paper pay-check and deposit it into your account manually. The ECS Code is the code that is specific to a bank branch. Without this code, ECS transactions cannot be done.