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What is it called when someone attemps to take more money out of an account then there is?
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What is money in a checking account called?
Money in a checking account is called demand deposit.
Can someone deposit money into account for you?
yes as long as they have the account details.
What is money paid for the use of money called?
Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.
If someone puts money in your bank account what will happen?
If you mean someone you don't know, then they will keep adding and subtracting money from the account. If it is someone you know, then you just got a few extra bucks.
What is Money put into an bank account called?
to deposit moneyA Deposit is the act of putting money into an account.
What is it called when you put money in your account?
When when you put money in your account it is called "making a deposit."
What is money placed into an account?
money in a bank account, when u put money into an account it is called a deposit.
What is money in a checking account called?
Money in a checking account is called demand deposit.
Can someone deposit money into account for you?
yes as long as they have the account details.
What do bankers use spreadsheets for?
To keep track of how much money someone has in their bank account. To keep track of how much money someone has in their bank account.
Money which is kept in an account for later use is called?
it is called a savings account.
What is money paid for the use of money called?
Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.
What is the money paid for the use of money called?
Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.
What are the amounts of money coming into your account called?
it is called credit(when its coming in your account ) and debit(when its going out of your account ).
The amount of money in a bank account is called what?
account balance
What is a depositors?
it is someone who deposits money into a savings account
If someone puts money in your bank account what will happen?
If you mean someone you don't know, then they will keep adding and subtracting money from the account. If it is someone you know, then you just got a few extra bucks.
