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Once you receive your bank card and it is activated, use your card at a merchant of your choice. The bank is then contacted electronically and communicates whether or not there is sufficient funds to cover the transation. If there is, the purchase is carried out, and the merchant then submits the transaction to the bank for payment.
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∙ 12y ago
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What do you do when you lose your credit card?
Call the bank, and cancel that card before anything happens
If you overdraft your bank account with a debit card but halfanhour later return everything you bought and get the money returned onto the card not exactly cancel the transaction will it still charge?
no becuase bank charge when transaction is done. your process on through debit card. if this process happen with through check then bank charge it.
What happens if your a kid and you get caught using a stolen bank card?
you go to jail
What happens when you close a credit card with a balance?
You cannot close it until you settle all your dues to the card issuing bank.
What happens if your credit card gets stolen?
call the bank and tell them your card has been stolen and give proof to police
What happens to your monthly payments once you get your bank card replaced?
Replacing your bank card will have no effect on your monthly payments. The amount you have to pay each month is dependent on your account balance !
What happens during a bank reconcilliation process?
khnlknn oyoh yhu iujoiu
What is a bank card?
A bank card is a card issued by a bank, which may provide use as a credit card, debit card, or a withdrawal card.
What happens to a bank loan when a person dies?
If the loan is secured, then the collateral is returned to the bank. If the loan is unsecured, like a credit card, then the bank submits the balance to the estate of the deceased.
What happens if you lose your PIN?
like you forgot it? well you can go to the bank and tell them and you have to show identification and ur bank card and whatnot and they either change it or tell it to you depending on your bank
What happens when a debit card is lost?
First, you must ring/visit your bank to cancel your bank card, telling them that you've lost it. They will cancel your card, making it impossible for it to be used by people that may have found it. At the same time, they will order you a new one
What if you swipe your debit card as credit what happens?
The transaction would still be processed... provided the bank account linked to the debit card had sufficient funds in it.
