answersLogoWhite

0


Best Answer

You can do it anytime. There are no restrictions as to when you can deposit or withdraw funds from your savings account. It is your account and your money and so you can use it anytime you want at your will and wish. The bank cannot and will not stop you from doing so.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: When can you add or remove money from a savings account?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How much should you have in a savings account?

It does not really matter how much money you put in a savings account. The more you put, the more interest adds to the amount. You can add money to the account at any time.


How do you update savings account?

It will auto update when you add money or withdraw funds from it.


What are the benefits of getting a savings account?

The benefit of having a a savings account is that your money is safe and protected in a bank. Not only that but there is an interest rate which will add to you account generally at the end of every month. It also makes your money more easily accessed.


Can you change a savings account to joint account?

You may be able to add someone to your savings account ..contact the bank where you have the savings account for details


What are the benefits of opening a savings account for your child?

By opening a savings account for your child you will be opening up their future. It is possible for them to watch their savings grow and add birthday money to their funds, it will enable them to save for specific items and will teach them a more responsible attitude towards finance and spending.


Why You Need More Than One Savings Account?

Your first savings account should be an emergency fund. Start with a goal of saving five hundred dollars and then work towards six to nine months of expenses in this account. Don't touch this account unless you lose a job or some other disaster occurs. To save for vacation or a major purchase, have a second savings account that you add to on a regular basis. This way, you won't touch your emergency fund but can put away money for other expenses. Keep both of these accounts a regular savings account where you can get to your money quickly.


Who is the actress in the scotiabank childrens savings account add?

Patricia Isaac


How much money do you add to your savings every month?

75


Are there any fees associated with opening a savings account with Barclays Business?

Barclays Business has no monthly fees associated with their savings accounts. However there are options that you can add to your account that may add fees up to two euros a month.


Can you add money onto an iTunes card?

you cant add money to the actual card but u can add money to your account online. you don't even need money in your account on itunes to buy music. if u don't have money in your account you can still buy songs and it will be charged to your credit card that's connected to your itunes account


Can wife add her name to his checking account without his approval legally?

No she can't as a matter of fact without his written permission she can't even get general information about that account. This is what I found to be amazing, if this couple has a joint savings account, but the husband's name is the only one on the checking account, he is the only one that can legally transfer money from the savings account to the checking account. It also works this way if there is a joint checking account and money needs to be transferred from the joint checking account, to the savings account with only the husband's name on it, he is the only one that can move money from one account to the other. I am a bank manager and I know this is more information than you asked for, but when I have to explain this to couples, it often leads to a very heated discussion between them in my office. I live in Virginia and I can only answer for Virginia. I hope you found this answer helpful.


How can a 17-year-old start building their credit score?

you can actually start building credit by starting a savings account. the way to do this is to add to the savings account with an amount of money that either stays the same or improves (never add less money than the time before) and doing it in regular intervals. for instance, if you add $20 a week, on the same day every week, you would begin earning credit. it won't do much for you, but it's more than nothing. if you aren't sure how much you can add to your account, try a very small amount (maybe start out monthly). even if you add $20 a month, but continue this, it will help to maintain a credit score.