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What is counter credit?

Updated: 9/11/2023
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11y ago

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money that was paid into your account over the counter in the branch using a paying in slip.

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11y ago
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Q: What is counter credit?
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Related questions

How does counter credit differ from a deposit?

A counter credit is a general term for an addition to your account. For example if you had a problem with a fee and visited your bank branch they may issue a counter credit to refund the fee into your account. A deposit could also be handled as a counter credit depending on the bank and if you are splitting the deposit between multiple accounts.


What is the difference between a deposit and a counter credit?

Deposit is teller friendly, efficient and accurate Counter credit is more work for teller, mistake possible


What does counter credit mean?

Counter credit means a person went into a bank and made a deposit with the teller. Sometimes this term will show up on your bank statement.


What is a counter credit or bank giro credit?

A BANK GIRO IS A TERMS OF PAYMENT WHEN OF USING A SLIP PROVIDED BY THE BANK IN ORDER TO CREDIT AN ACCOUNT


On my bank statment what does counter credit mean?

Money that was paid into your account by someone going into the bank and paying it over the counter


How long does it take for counter credit to clear in your account?

37.5 hours 58 seconds


Can you use my credit card to buy medicines at Mercury Drugstore?

You can use your credit card to buy medicine at Mercury Drugstore. This is true for over the counter medicine and prescription medicine.


What are the risks of a business that accepts payments by credit card?

While there are risks, the benefits certainly outweigh them: - fraudulant/stolen credit card number: The business will not be paid or the amount will be taken from the next statement - cardholder disputes. A cardholdercan dispute any charge on the credit card. A business has a set time to counter the dispute, if the business fails to counter or, in the eyes of the credit card company, fails to prove their argument, the consumer is refunded the purchase price.


Where do you get the creditcard on winpy wonderland?

You can obtain a credit card in Winpy Wonderland by earning stars from tasks and mini-games. Once you have enough stars, you can redeem them for a credit card at the prize counter.


At the check out counter in alberson and smith grocery strores you will find which allows you to pay for your purchases by debit or credit card?

This is a statement, not a question.


Is depreciation a credit or debit entry?

"Depreciation Expense" is a Debit entry and the counter entry is "accumulated depreciation" on an asset which is a credit entry. Depreciation - DR. Amount X Acc. Depreciation - CR. Amount X


How can one be settling credit card debt in the US?

You can settle a credit card debt in a number of ways. You can pay by cash over the counter at your local branch, you can settle the bill by wire transfer or internet transfer, or you can write a check.