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When money is withdrawn from your account making the balance go below zero?
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What if your bpi savings account with passbook is below the maintaining balance?
You'd be charged a certain fee for going below the maintaining balance.
Icici bank balance inquiry?
You can check the balance by the below ways 1. Walk in to your nearest bank branch, produce your bank passbook and request them to update it. You will know the balance from the book once updated 2. Walk in to the nearest ATM center and use your ATM/Debit card and use the balance inquiry option to check the balance 3. Call your phone banking number. Provide your account number and authentication information and ask for account balance 4. Logon to internet banking and check your balance.
If the interest rate on a savings account is 0.02 approximately how much money do you need to keep in this account for 1 year to earn enough interest to cover a single 9.99 Below-Minimum-Balance Fee?
5500
How much the penalty for below minimum balance savings?
It actually depends on the bank and the type of account you hold with them. Let us say you have an account with a bank that expects you to maintain a minimum balance of Rs. 1000/- at all times, they might charge you around Rs. 50/- or Rs. 100/- per month if you fail to maintain the minimum expected balance. You need to check with your bank for the exact charges.
Why do you get charged a fee when you go in the negative on a bank account?
That is because the bank expects or rather needs you to maintain a certain minimum balance for them to be at a situation where it not a loss for them to maintain an account for you. Maintaining a bank account for a customer requires certain resources and the bank provides us in return for our commitment that we shall maintain the minimum balance requirements. If we fail to do so, it becomes unfeasible for the bank to provide the facility and hence they charge us a penalty when you go below the minimum balance requirement or '0' for worse case scenarios.
What is a negative account?
Below 0 balance.
What if your bpi savings account with passbook is below the maintaining balance?
You'd be charged a certain fee for going below the maintaining balance.
Will your checking account be closed if you fall below the minimum balance required?
Usually No. the bank will charge you a penalty fee for letting your balance go below the minimum amount. However if you repeat the same continuously the bank may close your checking account.
Can you check your balance in bank of maharashtra online if you have an account in that bank?
You can check account information by logging into the bank website. (see related link below)
When filling out a withdrawal slip what do you need?
You need the below info while filling out a withdrawal slip:Name of the Account holderToday's dateAccount numberAmount to be WithdrawnSignature of the account holderEnough balance in the account (The most important requirement)
WhAT IS THE Difference between double account system and double entry system?
The difference between double account system and double entry systems are noted below: 1. Double account system is necessary only for Govt. service rendering org. but double entry system is applicable for all types of org. 2. In double account system balance sheet is divided into two part ie; Capital Account, and general balance sheet but in double entry system only one balance sheet is prepared.
How do i pay my Dick's credit card account online also i have closed the account but have a balance on the account?
They make it confusing don't they? The short answer is by clicking the below link and setting up the account. https://www.reviewmyaccount.com/consumergen2/login.do?subActionId=1000&clientId=dicks&accountType=generic
Icici bank balance inquiry?
You can check the balance by the below ways 1. Walk in to your nearest bank branch, produce your bank passbook and request them to update it. You will know the balance from the book once updated 2. Walk in to the nearest ATM center and use your ATM/Debit card and use the balance inquiry option to check the balance 3. Call your phone banking number. Provide your account number and authentication information and ask for account balance 4. Logon to internet banking and check your balance.
Why is closing stock not written in the trial balance but always written below the trial balance?
The reason why closing stock is not taken into account in a trial balance is because a trial balance is a balance of all ledger account a given point in time.It records only transactions which have a two way effect for EG:Purchases where goods are bought against cash or credit and sales where goods are sold against cash or credit..But closing stock is not a transaction having a two way effect any given point in time.It is only an indication of the goods lying in the factory at the end of the year.It is therefore showed below the trial balance and not in the trial balance.However in order to derive at the exact gross profit the closing stock is taken into consideration in the trading account and also appears as an asset in the balancesheet.In some case the closing stock appears as an adjusted purchase account in the trial balance and in this case it does not appear in the trading account but appears only in the balance sheet. The main reason is that we do not pass any entry for consumption. Hence we donot prepare any ledger account for it.
If the interest rate on a savings account is 0.02 approximately how much money do you need to keep in this account for 1 year to earn enough interest to cover a single 9.99 Below-Minimum-Balance Fee?
5500
Why do banks require a minimum checking account balance?
The bank expects or rather needs you to maintain a certain minimum balance for them to be at a situation where it not a loss for them to maintain an account for you. Maintaining a bank account for a customer requires certain resources and the bank provides us in return for our commitment that we shall maintain the minimum balance requirements. If we fail to do so, it becomes unfeasible for the bank to provide the facility and hence they charge us a penalty when you go below the minimum balance requirement or '0' for worse case scenarios.
How do you view my andhra bank account balance online?
Below are the steps: 1. Apply for online banking with Andhra bank (If you already have an online banking account with them, proceed to step 2) 2. Visit Andhra banks online banking website 3. Login using your id and password 4. Your bank account and its current balance will be displayed on screen.
