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What is uncollected funds hold?
An "Uncollected Funds Hold" means that the funds were in the account at the time the check was presented for payment. However, the funds were on hold and could not be released. This is considered the same as an NSF, or Not-Sufficient Funds.
What mutual funds hold Berkshire Hathaway?
FAIRX is one I know of.
What does it mean when a check is returned and it is stamped Uncollected funds hold?
If you receive a check that is stamped with "uncollected funds" or "insufficient funds," it means there was not enough money in your account to pay the amount the check was written for and the bank will not honor your check. Likely, you will be charged a bounced check fee that varies according to your bank's policies.
Can IRS hold funds for bankruptcy?
can the IRS take your check if you file bankruptcy , chapter 13 or will I have to submit the check to them once received.
If a bank puts a hold on funds can they charge overdraft fees during the period until they pay the amount on hold?
Banks can definitely charge overdraft fees on an account if they are holding the funds. Banks will argue that you should not spend the money in your account until it is available to you or until the hold has been released. I have been in banking for years, and even though customers may not think this is a fair practice, it is perfectly legal and done all the time.
What is uncollected funds hold?
An "Uncollected Funds Hold" means that the funds were in the account at the time the check was presented for payment. However, the funds were on hold and could not be released. This is considered the same as an NSF, or Not-Sufficient Funds.
When a beneficiary is designated solely to distribute funds to children?
That person is said to hold the funds IN TRUST for the children and is therefore a trustee.
What is a reserve rate?
The amount of funds that banks must hold in reserves
What mutual funds hold Berkshire Hathaway?
FAIRX is one I know of.
What is a stock option accounting function?
A stock option account is going to hold your stocks and keep track of whether they are up, or down, or balanced. It will also hold your funds, like mutual funds, and savings all accountable.
how do i get a hold of my trust fund?
depending on your age and why you need the funds its restricted to certain uses
The Bank of the United States would hold....?
Government funds and make debt payments.
Where can you find information on bond funds?
You may find information on bonds funds all over the web. You may also ask a local accountant about bonds information. Many sites hold information about bond funds.
Can an employer with hold funds for workman's comp insurance?
If state law allows, as it does in WA state.
Why does a bank hold a out of state check for 2 days then release it.?
To make sure the check will clear (that the account has enough funds) the out of state bank before they release the funds for you to use.
Why do European Banks hold 67 of all the mutual funds purchased with US middle class taxpayer dollars mmmh?
The European Banks hold 67 percent of all the mutual funds purchased with US middle class taxpayer dollars to tame inflation.
Why do European Banks hold 67 percent of all the mutual funds purchased with US middle class taxpayer dollars?
European Banks hold 67 percent of all the mutual funds purchased with US middle class taxpayer dollars to control inflation.
