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Q: Is PPSA mandatory for my bank to charge me?
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What does ppsa register msp mean?

PPSA = Personal Property Security Act MSP = Merchant Service Provider A financial agreement is made (loan, credit line, lease, overdraft protection, etc.) and has been registered with the branch of the ministry (government) called P.P.S.A. A third party company (called a Merchant Service Provider) processes the transaction and registers it with the ministry on behalf of the bank. The bank in turn transfers the amount from your bank account to cover the service fee and the transfer shows up as "PPSA Register MSP". Because of the involvement of a third party it ends up looking similar to a bill payment and often, even by bank employees, is confuse with being the name of a company causing many people to believe it was a Debit Card purchase or some other kind of money transfer done in error and not a service fee.


What is BSC meaning in bank statement?

Bank Service Charge


Who was in charge of the national bank controversy?

I think you mean who was in charge of the National Bank? Not who was in charge of the National Bank controversy? If you are asking who was in charge of it, not the "controversy", then the answer is private banks.


Do restaurants have to remove mandatory service charge when asked?

A restaurant does not have to remove a mandatory service charge when asked as long as the service charge was displayed prominently prior to you accepting the service. For example, the restaurant must tell you (on the menu or in another conspicuous location) that a service charge is required.


Is checking account statement mandatory?

Yes. It is mandatory. The bank is supposed to send a periodic statement to its customer to ensure that the customer can keep track of what is happening in their bank account. However, if it is a passbook account, an account where the bank issues a passbook for the account, sending statements is not mandatory because the customer already has a book that contains those details.


How do you make demand draft from bank in which dont have account?

It is not mandatory to have an account with a bank in order to take a demand draft. You can walk into any bank's branch and ask them for a demand draft requisition form. Once you fill the form and pay the money required the bank will issue you the DD you wanted. If you are a customer with the bank, they might charge you a little less for the DD fee but that does not prevent you from getting a DD from any bank.


Does Webster Bank charge fees to bank online?

Webster Bank does not charge fees to bank online. They do however charge fees for certain types of bank accounts. Best bet would be to participate in a bank account that was totally free.


What is a charge off bank?

I've never heard of a "charge off bank" but I do know that a charge off account at a bank is where they bank has listed a loan as "uncollectable" and is probably reporting it to the credit bureau as a charge off or "bad debt". Hope this helps


How much time could you get for bank robbery?

20 years mandatory minimum


Who is in-charge of Bank Of Canada in Canada?

The Bank of Canada in under the charge of it's Governor, Mark Carney


Who is in charge of a bank?

manager


If a defendant is sentenced to serve on a charge that requires a mandatory minimum sentence does a judge have the right under certain circumstances to reduce the original sentence?

No, that is why it is called a MANDATORY minimum sentence.