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My current bank account was closed and someone has been depositing money to it can the bank use this money for an outstanding loan?
Wiki User
∙ 15y ago
my bank closed my account can i reopen the same account again
Wiki User
∙ 15y ago
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Can anyone deposit cash into a bank account owned by someone else and have the funds immediately available to them?
If the person who is depositing the cash has the name of the person and/or the account number of who they wish to deposit cash in yes they can do so. Some banks may limit the funds availability depending on the amount of cash.
What is the compound annual growth rate of a Citibank current account?
The compound annual growth rate of a Citybank current account changes from time to time. So if someone is intressted they should go to the Citybank and ask for information there.
How do you cash a check someone has signed over to you without depositing in my bank account?
Have them either just endorse it (sign the back) with just their name or have them write "Pay to the Order of Name" and sign it. Either way, you now also sign it and bring it to either your bank or the bank it was drawn from to get cash for it.
What do credit card companies call someone who pays their bills?
Outstanding Bills
Can someone deposit money into account for you?
yes as long as they have the account details.
Can you deposit a check made out to you into someone else's bank account?
No. A check can be deposited only into the account of the individual to whom the check is made out (issued) to. Depositing it into someone else's account is not allowed and even if done by mistake, the check will not be cashed and no payments will be made.
Can you endorse a check for someone else to deposit in your account?
Yes, you can endorse a check for someone else to deposit in any account, yours or his or some random person in the Middle East. Once you endorse the check, it is considered "as good as cash" unless you write "For Deposit Only" on the back as well - then it must be deposited into a bank account somewhere. If you trust the person who will be depositing the check, feel free to endorse the check and let them take it to a bank or ATM for depositing into your account - they will need your bank deposit slip or your bank card with PIN to do so.
What are the risk's of depositing your money in someone's bank account?
Once you deposit your funds into another individuals bank account, those funds are no longer yours. You can not get your money back unless the owner of the account withdraws the funds and decides to give them to you. I recommend getting your own bank account.
Analysis of the types of terms of trade?
the current account and the current account balance are within the terms of trade. if you there is money entering the money supply from a foreign market or someone who has not yet deposited the money into a banking system, that will be a current account. it will be a current account balance, composed of capital account, trade account, and account deficit. this means, if the money is leaving the country.
If someone gives you a check that is typed out but signed by a person is this still a felony?
This is legal as long as the person cashing/depositing the check is the payee and it is signed by the owner of the bank account or an authorized signer on the account. It doesn't matter who writes out the check, it matters who signs it.
How can one go about increasing their current account overdraft?
If someone needs to increase the current amount of overdraft on a bank account, one would have to contact the bank. There are papers that have to be signed to increase any limits on a bank account.
Can you deposit someone's else's government check into your account?
No. first of all, a check can be deposited into the bank account of the person to whom the check has been written to. Second of all, even if the bank teller accepts the check by mistake, it will not be cashed. The check will be returned and no money will be paid. Moreover, if the owner of the check complains that his/her check was lost or stolen, you will be caught and jailed for it. Depositing someone else's check into your account is a crime.
Can anyone deposit cash into a bank account owned by someone else and have the funds immediately available to them?
If the person who is depositing the cash has the name of the person and/or the account number of who they wish to deposit cash in yes they can do so. Some banks may limit the funds availability depending on the amount of cash.
Can i direct deposit my pay check into someone else's account?
As long as your employer will allow it. If you were over/underpaid, how would your employer recall the direct deposit if the account is not in your name? Would you want to risk not having access to your money? Is this depositing money to over child support or something like that?
What is the compound annual growth rate of a Citibank current account?
The compound annual growth rate of a Citybank current account changes from time to time. So if someone is intressted they should go to the Citybank and ask for information there.
What does outstanding player mean?
an outstanding player is someone who is very good and stands out from everyone else.
Is outstanding a verb?
No outstanding is a adjective because it describes how good someone did. A verb is a word that shows action.
