0
direct deposit
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
If you deposit a cashiers check to a friends checking account do they pay taxes the money is mine and 5 figures?
If the money that is being deposited into the checking account is a gift, then they do not pay taxes. However, if this is a business transaction, then they may have to pay taxes.
Can money be deposited into frozen account?
Yes money can be deposited in account when frozen but cannot be taken out.
What happens when money is deposited in account is it credited or debited?
deposited money is credited to your concern bank account
How can one save money in an organized and fashionable way?
The easiest way is to set up an automatic debit against your paycheck or checking account at your bank, with a specified amount being automatically taken from your paycheck or checking account and deposited into a savings account.
Does all money deposited in a bank earn interest?
No. Money deposited in checking/current accounts do not earn any interest.
Can a government cheque be deposited in an inactive bank account?
is it possible for money to be deposited in an inactive bank account
If you deposited money into your checking account at about 250 is it possible you can withdrawal or pay for something with your debit card at about 330?
No - not unless you have overdraft. You can't pay for something more expensive with money you don't have.
What is money in a checking account called?
Money in a checking account is called demand deposit.
What if its disabilty money in your checking account how would a lien work then?
if you have a lein on you, can they take your disabilty money out of your checking account
What is the term for a type of account that earns interest as money is deposited?
money
Deposited money in bank is cr or dr?
Deposited Money is termed as "CR" or "Cr" or "Credit" it is a transaction in which money is deposited or credited or added to a customer's bank account. The bank balance of the account will increase by the amount of money that was actually credited during this transaction.
Why is a checking account more convenient is savings account?
It's easier to spend the money in a checking account.
