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None or Zero. Whenever there is a large deposit in any bank account the banking authorities report that to the banking regulator (Central Bank) of the country. In India the amount is Rs. 50,000/- and similarly in the United States it is US $ 5000/- Any deposit in any account above these numbers get reported to the Fed (USA) or the RBI (India) by the bank.
Deposited Money is termed as "CR" or "Cr" or "Credit" it is a transaction in which money is deposited or credited or added to a customer's bank account. The bank balance of the account will increase by the amount of money that was actually credited during this transaction.
[Debit] Bank account [Credit] Cash account
debit bankcredit cash
DR. Bank (specifying the bank account name) CR. Cheques Under Collection
CRY
is it possible for money to be deposited in an inactive bank account
Easy, Whatever Bank Your With Reported You
No, that should be reported to the bank immediately. The bank will eventually discover the error if the account holder does not and will take whatever steps needed to rectify the problem. An account holder who knowingly uses such funds is guilty of a criminal offense.
Bank of First deposit is not an actual bank. It's where the check was first deposited to. When the back of a check shows it was deposited to BOFD, underneath that there should be a routing number. Google that routing number, and that should tell you the name/location of the bank it was actually deposited to.
no
None or Zero. Whenever there is a large deposit in any bank account the banking authorities report that to the banking regulator (Central Bank) of the country. In India the amount is Rs. 50,000/- and similarly in the United States it is US $ 5000/- Any deposit in any account above these numbers get reported to the Fed (USA) or the RBI (India) by the bank.
Deposited Money is termed as "CR" or "Cr" or "Credit" it is a transaction in which money is deposited or credited or added to a customer's bank account. The bank balance of the account will increase by the amount of money that was actually credited during this transaction.
It can be deposited anywhere.
Yes. That beneficiary's portion should have been deposited with the court or in an interest bearing bank account. It should be waiting for him. There are many reasons a beneficiary may not be able to be found at the time of a probate of an estate. That's no reason to squander their inheritance. He would have a cause of action against the executor if his inheritance was not accounted for.
I deposited the cheque into my bank account. I made a deposit on the new T.V. set.
deposited money is credited to your concern bank account