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A bank statement
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∙ 12y ago
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Record book for a saving account is called what?
A Passbook
What does it mean when a bank sends you an Expression of Interest letter?
Pick ya nose.
How do you find out if a bank had an account with you?
call the bank and ask if they show a record
What is bank receipt?
record of payment
What is the differeance between corrspondent bank and intermediary bank?
cor bank - sends or receives payments int bank - just a pass through, holds it until it clears, or until the receiving bank is available. Act as a router
How do you record a bank loan in accounting?
Debit cash / bankCredit loan from bank
What happens to a check from the time it is written to when it clears the bank?
Below are the sequence of events that happenYou write a check of Bank A worth $100 payable to meI deposit this check into my account that I have with Bank BBank B sends a request to Bank A with details of the check and the amount to be paid against itBank A validates the check to see if it is valid and contains your correct signature. If so, it checks if you have sufficient balance in your account to pay the check.If you have sufficient balance, Bank A sends $100 to Bank BIf you dont have sufficient balance, Bank A sends a transaction declined message to Bank ABank B intimates me if the check returned with no funds or if funds were available credits them into my account
What tissue sends messages from brain to body?
Nerve cells called neurons sends messages from brain to body along fibers called axons.
Why is the central bank called the bank of banks?
why bank called bank of all banks
Will a bank give you 10000 pennies if you give them 100 dollars?
no of course not, it sends you back in time(;
What happens after I pay my car off?
The bank sends you the "pink slip" and the car is all yours
What journal should be used to record borrowed cash from a bank?
[Debit] Cash / bank [Credit] loan from bank
