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If money intended for you is paid into the wrong bank account what can you do about it?
Paulagonsalves
If someone owes you money but they accidentally paid someone else, then that person still owes you that money. You shouldn't have to do anything about it, since it was not your mistake. The person who made this incorrect payment is free to either ask the person or business entity whom he mistakenly paid to return the money to him, or he can see if the bank would be willing to reverse the transaction.
Wiki User
∙ 13y ago
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How you get interest rate?
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
Can bank close your deposit account?
Sure you can. It's your money and your account and you can close it anytime you wish. However, if you are closing your deposit account before its intended maturity date the bank can charge you a small penalty on the interest component for doing so. But the original money you deposited will not be touched and will be refunded in full when you close the account.
What is the Money placed in a bank?
Money placed in a bank account
What does relationship bank account mean?
A relationship bank account does not use money...
Can you withdrawl your money from a CD account early?
Sure you can. It's your money and your account and you can close it anytime you wish. However, if you are closing your deposit account before its intended maturity date the bank can charge you a small penalty on the interest component for doing so. But the original money you deposited will not be touched and will be refunded in full when you close the account.
What is name of bank for routing number 122105278?
My name is Salwan bianouni I don’t have money in my account.. router number it’s wrong , and account it’s wrong either the correct one is Bank of America you send money to the wrong person
Will bank hold the wire transfer fund if account number is mistaken added by extra digits?
It Depends. If there is a valid bank account including the extra digits you put in by mistake, funds will be transferred to that account. The bank will not take any liability out of this wrong transaction that arose out of your mistake in entering the account number incorrectly. But, if there is no valid account with those numbers then the transaction will be cancelled and the money will be deposited back into your account. If by chance, money got deposited into the wrong account, you have to file a legal complaint to get your money bank. The bank can only provide details of to whose account the money was deposited and will not help you out to get the money back.
If you give somebody the wrong account number and money meant for you has been paid into the wrong bank account can you retrieve the money?
no you can't. once its in there u cant get it out unless, u have the right account number
How do you put money on an account?
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
How you get interest rate?
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
Can bank close your deposit account?
Sure you can. It's your money and your account and you can close it anytime you wish. However, if you are closing your deposit account before its intended maturity date the bank can charge you a small penalty on the interest component for doing so. But the original money you deposited will not be touched and will be refunded in full when you close the account.
Who owns your money in a bank account you or the bank?
The person whose name is on the account owns the money. The bank holds it for them.
What is withdrawal of bank account?
taking out money from your bank account because you want to use the money.
What is the Money placed in a bank?
Money placed in a bank account
How does a personal bank account work?
you have to have money then you must put it into a bank then you have a bank account.
Can you open a bank account for someone else?
No, unless you have legal guardianship for that person, a bank will typically require the intended account holder to open the account.
When do we debit bank account?
We debit our bank account every time with withdraw (take out) money from our bank account.
