It depends where your bank is. If it is in America you can loose all your money. But in India upto one hundred thousand ruppees is safe.
declare a bank holiday that closes banks for days
A bank rate is the rate at which a central bank charges interest when it lends money to another bank.
the bank.
Freedmen's Bank
Banks loan your money out and then collect a profit from it. During the Great Depression people couldn't pay their loans back, which caused the bank's money supply to drop. Then when someone wanted to take their money out of the bank, it wasn't there. The news would spread and cause a panic. Panics are when everyone runs to their banks to take out their money. These runs on the bank cause it to go bankrupt and fail.
if bank closes yr account,it gets closed,or dead.
contact a lawyer if the bank numbers don't work and you cannot contact anyone else. Don't let them BS you, call a lawyer, they know what to do.
only if the bank closes.
Hmm, I don't know about you, but I don't let my money loose at all. In fact, I keep it in my bank account or my wallet.Now, if you wanting to talk about losing money, well, that would be a different question, wouldn't it?
Your (previous) bank's assets are transferred to another institution. Your mortgage is considered an asset. It is money owed and part of accounts collectible. Someone somewhere will now hold the note, and you'll owe them like you owed your bank.
well it depends on if u closede it or the bank closes it
Well if your bank with the bank I work for (one of the big 4 in the UK) then yes but not for long after is closes.
yes but closes early
Generally if a bank closes, another bank will buy the deposit accounts and take them over. Your checking account would be transferred to the new bank
it closes about 4 tomorrow.
Bank + Money = Debt Money+ House = Bank Gold + Paper= Money
Closes at 1. Closed on sundays