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If one can withdraw hisher moneywhat is that persons account condition it become active or it becomes close?
In order to withdraw money, the account must be an open account.
What does a bank need if a deceased person has certificate of deposit or accounts in their bank?
They actually don't need anything. However if someone needs to withdraw the money from that account of the deceased person they must:provide proof that the person is actually deceased (A death certificate)provide proof that he/she is the legal heir of the deceased (A will or a relationship proof that they are the son/husband/wife/daughter of the deceased)Once the bank verifies these documents, they will release the funds from the deceased persons accounts to you. Without these you cannot take any money from that account.
How do you withdraw some money from your account?
A person who is a bonafide customer in the bank can withdraw the money from his/her account within his/her clear balance available in the account.
How do you use withdraw in a sentence?
The secret to saving money is to put more in the account than you withdraw from the account.
How can i withdraw my money from my safeway credit union account?
Go to the credit union and tell them that you want to withdraw money.
Bank Account in two names who can withdraw if set up with and between names?
Both signers on the account can withdraw money
What term means to take money out of an account?
Withdraw
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.
VALIC How do you get money from your retirement account?
i would like to withdraw money from my retirement account with valic, what is the procedure on how to do this?
What happens when you put money in a savings account?
It is recorded that the money is yours but your money is still in circulation. It isn't like a safe which holds each persons individual money. Your money could be used for someone else to withdraw their saving account, but your money is still available to you. When you get it back it just won't be the same exact coins or notes that you put in your savings account.
What is the difference between a normal savings account and nre account?
In normal savings account, you deposit Indian money (rupee) and you can withdraw it in the same indian money. In nre account you can only deposit foreign currency and you withdraw indian currency. you cant deposit indian money in this account
Can you withdraw money from the ATM even if there is no money in your account?
Many accounts have an overdraft, meaning you can withdraw more than you have, but which means your balance goes into the negative though, ie, you're now borrowing money from the bank. If you have overdraft on your account, you can withdraw up to the amount of overdraft protection you have. If you do not have overdraft protection, you can withdraw only up to the actual amount you have in your account.
