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What happens when money is deposited in account is it credited or debited?
Wiki User
∙ 11y ago
deposited money is credited to your concern bank account
Wiki User
∙ 11y ago
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What happens to your money on eBay?
You have to register for a PayPal account and provide the required information. Then, the account is activated. When a buyer pays for your item, the money is deposited in your PayPal account.
What happens when you are debited in a Itunes Account?
it will take of the next gift card you buy not all your money it depend if you get a gift card like a month or 2 it will charge you more
What happens if you deposit 10000.00 into a bank?
Actually nothing special happens. The few things that happen are:Your bank balance increases by 10000 (the amount you deposited)The money you deposited is available for withdrawal anytime you wantThe money you deposited starts earning an interest for you for as long as this money is kept in that account.
What happens if you deposit a check for more than 10000 dollars?
The below things happen:You will get richer by $10000Your account will be credited with $10000The bank will notify will intimate law enforcement authorities about this large value deposit into your account (This is done to prevent money laundering and terrorist financing)All these are under the assumption that, the check you deposited gets cleared and you get the money.
What happens to your stimulus rebate if the bank account that your tax refund was credited to is no longer open?
If they are unable to direct deposit it, they will mail you a check.
What is settlement in stock market?
The term settlement is used to signify the completion of a transaction. For example while buying settlement happens when the shares are delivered to your DEMAT account similarly while selling settlement happens when the money that you got out of selling the stocks is deposited to your bank account.
What happens to a river flow that cause alluvium to be deposited?
The flow of water slows enough for the silt to be deposited.
What happens if you are going on holiday and you have a horse for sale on howrse?
nothing except someone might buy your horse and your account will be credited however much that player bid on that horse.
What happens to a river when is deposited along its banks?
oppagangnam style
What happens when sediments is deposited at a rivers mouth?
A delta is formed.
Who has the liability of endorsement on a deposited check?
The payee, who is the person the check is written to. If they don't sign the back of the check before they deposit it, then the bank the check is drawn on (where the person who wrote the check banks at) can return the check for up to 7 years after it is deposited into the payees account. If that happens, then the bank where the payee banks at (where the check was deposited) will usually debit your account for the amount of the check. Also, if a check is made out to more than one person and includes the word "and" between the persons names, then both must sign or it must be deposited into an account owned by all payees listed on the check and stamped by the bank. If the word "or" is between the names, then only one payee need sign it. If it is made payable to a business or trust, then it must go into a business or trust account. It cannot go into the personal account of the business owner or of a trustee.
What happens to the rock that is eroded from a headland?
It gets deposited in a new place
