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Q: What are the three items of information that banks need to know so that they can credit a specified amount of money to a particular account?
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How write a letter to bank for wrong cheque amount deposit in my account?

To write a letter to a bank about the wrong cheque amount being deposited into your account, you should provide as much information as possible. Include information on whether the error is to your benefit or not, and how much should have been deposited into your account instead.


In Georgia can a judgment creditor take money from your bank account?

Yes. A bank account can be levied by the judgment creditor even if the account is jointly held. If the account is joint and only one of the account holder's is the named judgment debtor, the non debtor account holder must submit proof to the court as to the amount of funds belonging to them in order to protect those funds from being seized. When it concerns such joint account the court will generally freeze the account and allow the non debtor a specified amount of time to claim his or her exempt funds that are in the account.


What is excessive amount owed for an account on a credit score report?

The "excessive amount owed" is a phrase used to indicate that a particular account is over 30% utilized. Utilization is the balance of the account divided by the credit line. SO, if you have a $2,000 balance and your credit line is $3,000, your utilization is 67%, which would trigger an "excessive amount owed" in a credit score explanation.


How Does Recurring Deposit Account Works?

A normal fixed deposit means that you put in an amount and, after a specific period of time, you can withdraw it. Meanwhile, you do not touch the money or add to it. A recurring deposit works on a similar principle. The difference is, instead of putting in a bulk amount, you put in a specified amount (which you decide when you open your recurring account) every month. This could be a small amount that will not pinch your pocket or hinder your lifestyle. At the end of the tenure, you get a nice amount. Starting amount: Rs 1,000. Tenure of deposit: 3 years (36 months). Every month, you put in Rs 1,000. Rate of interest: 5% per annum compounded annually. After three years, you will get Rs 40,005 on maturity. A neat sum once you realise that all you did was sacrifice Rs 1,000 every month. All you have to do is give your bank standing instructions that, on a particular date every month (the date after your salary is credited to your account), a fixed amount from your savings account must get automatically credited to your recurring deposit account.


Why do you want a savings account?

A savings account is a great place to save money towards a particular goal (like a car, boat, home, etc) while letting the amount grow in interest income.

Related questions

How do you Varify Bank account?

I specified a new bank account tp receive payouts. I need to verify my bank account information. Your instructions say: Sign in to Google Checkout Click Setting tab then click Financials Click verify account. When I clicked in to Google Checkout there was to tab for Settings or Financial to click. You then say enter deposit amount exactly as it appears in your bank account. The amount is .60 deposited on Jan 10. How can I confirm this?


How do you know your unbilled airtel landline amount by on line?

my home » my account » account information


What is 'Noting Charge'?

It is the amount paid by the drawer of the bill to the notary of a particular area who then warns the drawee of the bill to honour it in a specified time period.


What if you do not activate your account on Moshi Monsters?

If you do not activate your Moshi Monsters account, the information will be deleted after a certain amount of time.


What is meant when one says the are making a fixed deposit?

A fixed deposit is a loan arrangement where you place a specified amount of money into the name of the account holder. A fixed deposit generates a fixed amount of interest over a period of time and cannot be withdrawn for a specified period of time.


What is a charge account?

An account where a specified amount of funds are made available for one to use in purchasing various items on credit. A 'line of credit' is generally issued and cannot be exceeded under normal circumstances.


How can one save money in an organized and fashionable way?

The easiest way is to set up an automatic debit against your paycheck or checking account at your bank, with a specified amount being automatically taken from your paycheck or checking account and deposited into a savings account.


How much is in the account?

It is not possible to know how much is in the account without more information. If this is regarding a bank account, it is recommended that you contact said bank for the exact amount.


How long does it take to open an online checking account?

The amount of time it takes depends greatly on how fast your information is provided and how fast your information is processed in to get your account set up.


How write a letter to bank for wrong cheque amount deposit in my account?

To write a letter to a bank about the wrong cheque amount being deposited into your account, you should provide as much information as possible. Include information on whether the error is to your benefit or not, and how much should have been deposited into your account instead.


What kind of wrench is used to tighten nuts and bolts to a specified amount?

A torque wrench is used to tighten nuts and bolts to a specified amount


What is the purpose of the information in the red box on a nutrition label?

It defines the recommended amount to eat of a particular food.