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When you deposit cash into the machine when bank is closed when is your account updated?
Wiki User
∙ 13y ago
The next working day. The deposits are checked the next working day to make sure they match what's been entered by the user. Providing everything's okay - the deposit is credited by the close of business on that day.
Wiki User
∙ 13y ago
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Can I get a direct deposit even if my account got closed?
no you have to have an open account
Can a bank keep a direct deposit if account is closed?
No, they have to send it back to where it came from...that is, unless the closed account was negative.
When an accounting change is reported under the retrospective approach account balances in the general ledger?
are closed out and then updated
What is the accounting treatment of saving deposit in closed bank?
Even if the account is closed, the cash inside of the account is still considered an asset and no accounting entries are necessary. If a new account is opened, the new account is debited the cash balance and the old account is credited.
Can you still deposit to your account even if a haven't deposit since last year?
yes, as long you maintained the minimum maintaining balance, a bank required, there will be no bank charges deduction on your account, because 1 year of no depositor/s transactions means dormat account. If, minimum maintaining balance was not met, then your bank charged you of dormancy, then your account might be closed, and you cannot deposit any. Ask your bank about your balance.
Can you deposit a personal check into a bank account that is closed?
No, the account is closed.
Can I get a direct deposit even if my account got closed?
no you have to have an open account
Can a bank keep a direct deposit if account is closed?
No, they have to send it back to where it came from...that is, unless the closed account was negative.
A bank I used to do business with just updated an old account for no apparent reason which has lowered my credit score what can I do about this?
Was the account closed?
When an accounting change is reported under the retrospective approach account balances in the general ledger?
are closed out and then updated
What is the accounting treatment of saving deposit in closed bank?
Even if the account is closed, the cash inside of the account is still considered an asset and no accounting entries are necessary. If a new account is opened, the new account is debited the cash balance and the old account is credited.
Are criminal charges possible in Virginia for a bad check for security deposit?
If the check was knowingly written against a closed account or an account with insufficient funds, yes.
Can you have money direct deposited into your closed account in order to reopen it?
If your account was closed by you going into the bank and withdrawing the balance of the funds to close account, no. This account has been officially closed and is no longer active. However, if your bank account was closed due to lack of funds and put into the overdraft mode; yes. In fact you need to deposit funds as soon as possible to bring the account into the positive and to avoid any further charges or collection issues. NO
What can you do if your bank closed and you have an account with them?
Generally if a bank closes, another bank will buy the deposit accounts and take them over. Your checking account would be transferred to the new bank
Can you open a new account with the same bank after a checking account has been closed?
I need to create a new checking account number for my pension deposit
Can you still deposit to your account even if a haven't deposit since last year?
yes, as long you maintained the minimum maintaining balance, a bank required, there will be no bank charges deduction on your account, because 1 year of no depositor/s transactions means dormat account. If, minimum maintaining balance was not met, then your bank charged you of dormancy, then your account might be closed, and you cannot deposit any. Ask your bank about your balance.
Where can one find bank deposit slips for their bank?
Your local bank should have deposit slips inside. It is a good idea to take a small handful. There might be times when the bank is closed and the ATM machine outside will not have slips.
