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The different means by which banks accept deposits are:
- As cash at their branches
- As checks at their branches
- As cash through their ATMs
- As checks through their ATMs
- As fund transfers from other banks
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∙ 13y ago
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What is the maximum amount of cash you can deposit in a bank?
Banks will accept any amount if you deposit it. However any cash deposit made over $10,000 will be reported to the IRS.
Can you deposit Sacagawea coins at the bank?
At all the banks I have been to you can. They also can be requested at banks. Sacajawea dollars are legal tender for any purchase. All banks must accept them.
What is mean by co operative bank and co operative society?
The banks that come under the purview of Banking Regulation Act and concerned co-operative Society Act prevailing the State. Societies are only regulated by the State Act. Cooperative bank can accept deposit from public but societies cannot accept deposit from public. They can accept deposit only from members of the concerned society.
What is the plural word for bank deposit?
banks deposit
Why central bank does not accept deposit of the customer?
Central banks are the regulator or supervisors of banking operations in a country. Individuals cannot have bank accounts with them. Only banks that are authorized to provide banking services in the country are allowed to have accounts with the central banks. Since they are not a regular commercial bank, they don't accept deposits from customers.
Why passbooks not given to time deposit holders in banks?
Why passbooks not given to time deposit holders in banks?
How do you spell bank deposit in plural form?
Banks deposit
How is NBFC different from commercial bank?
Banks are incorporated under banking companies act but while as NBFC are incorporated under company act of 1956....Banks can issue cheques on its name but while as NBFC cannot do so.....Banks can accept deposit from general public contrary Nbfc cannot do the same.
Do banks accept pennies?
Some banks do, some banks don't.
Where can a bank accept deposits?
Banks can accept deposits in their registered branches, ATM Machines and coin deposit machines. Apart from this, they have check/cheque drop boxes in many places where customers can drop off checks/cheques in their name into their accounts
Can banks hold an automatic deposit so that other checks bounce in the same day before the deposit?
not if the deposit is in cash
Can corporations have a time deposit?
Sure. There are no restrictions about who can have a time deposit. Any individual or organization that earns an income out of legal means (after paying taxes) can have a time deposit at the bank. For that matter, most corporations have enormous amounts of deposits with banks across the globe.
