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If you write a check on a closed account and did not know the account was closed and you paid the money back can the bank still press charges?
Wiki User
∙ 16y ago
Unless this has been a habit and there is a history of such, the bank could buy some very bad publicity in so doing, and, it depends on how soon the money as paid back and under what circumstances, but on the surface it does not sound too bad.
Wiki User
∙ 16y ago
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What is the penalty for writing a check on a closed account in Florida?
You may be fined by the bank for writing a check on a non-existent account. Plus, the person to whom you gave the check can sue you for the money and for which you can be arrested and jailed. Writing a check on a closed account is illegal and you can be jailed for the same.
What happens to the money if you close an account and forgot there was money in there?
Actually such a scenario wouldn't occur. When a bank account is closed, the bank would release all the funds held in that account to the account holder on the same day the account is closed. Even if they can't do it immediately, they would have sent a check to the customer by post/mail. Banks cannot hold on to the funds of a bank account that was closed. It is mandatory for them to return the funds to the customer once his account is closed.
Can you have money direct deposited into your closed account in order to reopen it?
If your account was closed by you going into the bank and withdrawing the balance of the funds to close account, no. This account has been officially closed and is no longer active. However, if your bank account was closed due to lack of funds and put into the overdraft mode; yes. In fact you need to deposit funds as soon as possible to bring the account into the positive and to avoid any further charges or collection issues. NO
How do you recover qab charges from icici bank?
There is actually no way you can recover your QAB charges.....I have suffered from the same problem, I have tried absolutely everything and never got my money back. I finally closed my account at ICICI and opened an account in IDBI Bank.....they don't have these kind of charges and they give the same amount of interest.
My current bank account was closed and someone has been depositing money to it can the bank use this money for an outstanding loan?
my bank closed my account can i reopen the same account again
Can a check be cahed that was wrote six years ago and the account in which it was written is now closed?
No. If the account is now closed, there is no money there available for the bank to pull out and give to you. Your only recourse, is to see if the person/business who wrote the check originally will give you a NEW check for the same amount if you give them the old check (showing them that it was never cashed.)
Can a check cashing be sued if they place criminal charges for a bounced check knowing that repayments were going to be made?
Yes, a check cashing business can be sued for filing criminal charges if they were aware that repayment was going to be made. Filing criminal charges in such circumstances could be considered malicious prosecution, which is illegal. The individual could seek legal recourse for damages.
Can a husband file charges against wife for taking money out of his bank account?
Under the following circumstances the husband cannot file charges against his wife for taking money out of his account:If the wife is a joint account holder in the accountIf the wife was in possession of the husbands ATM or Debit card when she withdrew money from his accountIf the wife was in possession of a signed check linked to the husbands bank accountIf neither of the above conditions are true, then the husband can legally file charges against his wife for taking money from his account without his notice.
Can you overdraft account with no money?
Yes, any check you write on an account with no money is a overdraft.
What is it called when banks record which account gives up money and which account receives money when a customer writes a check?
Check Clearing
You owe Wells Fargo money from a closed checking account 4 years ago they just opened a new account for you can they take your money from the new account to pay back your old debt?
I do not know about Wells Fargo, but Bank of America can. They took money from an account where I am a co-signer. My old account was closed 6 years ago.
Suppose your bank honors a check for which you dont have?
When a bank honors a check for which you do not have the money, it is considered an overdraft. The bank will recover its money as soon as the funds hit your account and charge an overdraft fee for honoring the check when the funds were not present.
