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Q: What is the balance after a transaction of An ATM card is used on January 24 to withdraw cash.?
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What is a no balance transfer fee?

A no balance transfer fee typically will refer to two credit cards. It is saying that if you decide to switch your credit card balance from one card to another you will not have a fee associated with that transaction.


Where may one balance transfer credit?

If one wants to transfer a balance from one credit card to another credit card, the gaining credit card will arrange the transfer. There is a transfer fee involved with the transaction.


Withdraw cash in Lausanne Switzerland from Bank of the Philippine Islands Savings account?

I cannot withdraw, I am in Lausanne right now, I tried my BPI bank in atm with cirrus logo, but I cant withdraw. It says transaction is impossible in this card, contact your bank..


How do you transact the ATM?

Below are the steps as to how to perform a transaction in an ATM:Customer visits the ATM and inserts his card into the machineATM reads the magnetic stripe to identify the userATM prompts the user to enter his identification pin numberIf the user enters an incorrect pin, the transaction is cancelled and the card is returnedIf the user enters the correct pin, the machine shows him a menu of operations like withdrawal, deposit, balance inquiry etc.User chooses his option - Ex: Withdraw cashMachine connects to the bank database to check if the user has sufficient balance in his account to successfully complete the withdrawal transactionIf so, the machine dispenses cash that the user asked forMachine updates users account with the withdrawal and updates the balance accordinglyMachine returns the card and a receipt advise on the transaction just performedUser takes his card and leaves the ATM


What is perpetual stock- taking?

It is the use of record card for each item of stocks that shows the balance in hand after each transaction.


What means of debit?

A Debit is a transaction wherein money is debited or withdrawn or taken out from your bank account. For Ex: You use your ATM card to withdraw money from an ATM, this transaction will be reflected as Debit in your account because you have taken money from your account.


What does ATM transaction mean?

ATM stands for Automated Teller Machine. One of those machines where you can withdraw money using a keypad, a card, and a PIN code. ATM transaction is Bank Speak for money withdrawn from an ATM/cash machine.


What does debit an account mean?

A Debit is a transaction wherein money is debited or withdrawn or taken out from your bank account. For Ex: You use your ATM card to withdraw money from an ATM, this transaction will be reflected as Debit in your account because you have taken money from your account.


What is credit and debit in banking sector?

In banking parlance, Credit refers to a transaction where funds came into the account under question and Debit refers to a transaction where funds were taken out from the account. For ex: If your company deposits your salary into your bank account, it will be a credit transaction. Similarly, if you use your ATM Card and withdraw some money, it will be a debit transaction.


Can you improve your credit rate with a debit card?

No - simply because a debit card can only be used if there are funds in the bank to cover the transaction. If you try to purchase something more expensive than the balance in your account, the transaction is rejected.It has nothing to do with your credit rating.


Do most credit card companies allow one to transfer their balance from one card to another?

Yes, most credit card companies will allow one to transfer their balance form one card to another. However, this is not always a wise decision since the transaction will appear on the statement to the credit card company.


Can you take money from a gift card?

Probably not. You cannot withdraw the value of the card in cash from the store (that's the non-refundable part). And if you buy something and then return it, the refund will be in a form of another gift card, or putting the balance back on the card you have.