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What else can I help you with?
Do you pay taxes on your checking account?
No, you do not pay taxes on the money in your checking account.
Can I deposit a money order into my checking account?
Yes, you can deposit a money order into your checking account at most banks and credit unions.
How can you access money in a checking account?
You can access money in a checking account by using a debit card, writing a check, or making an online transfer.
What amount of money in a checking or a savings account upon which interest is based?
The amount of money in a checking or a savings account is the balance. The interest is usually based on the balance.
How can you withdraw money from your checking account?
You can withdraw money from your checking account by visiting an ATM, going to a bank branch, using online banking, or writing a check.
Is the amount of money in your checking account called your allowance?
No, the proper banking term is balance for an amount in a checking account.
Do you pay taxes on your checking account?
No, you do not pay taxes on the money in your checking account.
What if its disabilty money in your checking account how would a lien work then?
if you have a lein on you, can they take your disabilty money out of your checking account
What is the term for money kept in a checking account?
A checking account is called a "demand deposit" because it is available for transfer to another individual or company by writing a check or draft.
Why is a checking account more convenient is savings account?
It's easier to spend the money in a checking account.
Is a checking account an asset?
From the account holders perspective yes a checking account is an asset. The amount of money you have in your checking account is your asset. From the banks perspective it is a liability because whenever you want your money, the bank has to give it to you.
What is a checking account frequently referred to as?
A checking account is also called a transactional account or chequing account.
What are the disadvantages of using checking accounts?
Many checking accounts do not offer interest on the money in your savings account. This is a disadvantage because the money you put in a savings account will collect interest, where a checking account will not.
Can I deposit a money order into my checking account?
Yes, you can deposit a money order into your checking account at most banks and credit unions.
Do you paid taxes on checking account?
The only tax you would pay on money in a checking account is any interest the money made if it is a interest type of account.
What is a written order directing the bank to deduct money from your checking account to make a payment called?
a check
How can you access money in a checking account?
You can access money in a checking account by using a debit card, writing a check, or making an online transfer.
