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U.S. banks don't "steal" money, the government has regulations to keep banks accountable for all money that goes in, out, and towards revenue. People forget that banks are businesses not just giant safes. Banks charge fees for their services to pay their employees and to keep them competative with other banks. By keeping good personal financial records i.e. check registers, online banking, etc. you can: avoid non suffecient funds fees, waives monthly services charges and verify interest in interest bearing accounts.
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∙ 12y ago
Kashif Murphy
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What do you do if your dad steals your money?
You should talk to him if it's a huge amount of money keep it in the bank.
Why save at the bank?
Because the bank will safeguard your money. If someone steals your money from your desk drawer or from under you mattress, your money is gone forever. If there is a fire in your apartment, your money is gone forever. If you choose an FDIC insured bank or an NCUA insured credit union, if your bank ever runs out of money to return to you, the government will return the first $100,000 of your money to you. ($250,000 until 12/31/09) If you shop wisely for a bank, you can find one who will actually give you back more money than you put in! You open what is called a "savings account" and the bank pays you what is called "interest" for saving there. But be careful, a lot of banks charge fees (especially for small accounts) or pay interest that is so small you won't notice it. If you carefully compare banks, you can find a better deal.
What is the Money placed in a bank?
Money placed in a bank account
Where is money kept?
Money is kept in the bank. The bank is big so it will surely enough will be able to fit into the bank where they put the money. Money will be taken out when you want to withdrawal your money.
When you borrow money from a bank where does that money come from?
When you borrow money from a bank they pull cash from the bank's reserves. This collection of cash is the net cash reserves within the bank or its network from depositors in the system.
What do you do if your dad steals your money?
You should talk to him if it's a huge amount of money keep it in the bank.
What is an example of hacker?
A hacker is a person that steals information from the computer. An example of this is, a hacker breaks into a bank and gets access to everyone's account and steals their money.
What is Internet froud?
Internet fraud is basically someone that steals your identity online and gains access to your bank accounts to spend money and take out money. it's someone that steals your information via phishing email.
What is a bank robber?
A bank robber is a person who robs or steals from a bank.
Why is the ninja in front of the golden harbor bank on poptropica?
because so that know one steals the money and because that is his job
What is a pecuniary thief?
A pecuniary thief is a person who steals money, as opposed to one who steals property or, today, identities. someone who steals money.
One who steal money?
A thief is the term used for a person who steals money.
Who steels Walter's money in raisin in the sun?
Willy Harris steals Walter Younger's money.
In Uncle Toms Cabin What does Prue do with the money she steals from her master?
Prue steals money from her master in "Uncle Tom's Cabin" in order to buy her dead child a decent burial. She ultimately loses the money before she can use it for this purpose.
What is the meaning of alesco?
A Terrible List Company that steals their clients money!
Is it illegal if someone files your taxes for you and steals your return?
Of course it is. If someone filed your taxes for you, contact the IRS. If someone stole a check from your mail contact the Postal Inspection Service. If someone stole money from your bank account and/or your home, contact the bank and local law enforcement.
What are the characteristics of debit cards?
Easy to obtain a debit cardNo need to carry cashInstant access to your moneyThe money is quickly deducted from the bank accountPortabilityIt is much more safer than carrying cashwho ever steals it will have to know the pin number to get money through it
