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What is the term for a type of account that earns interest as money is deposited?
money
What information is needed on a money order to be deposited?
A money order is deposited just like a check would be. Make sure your signature is the same as the check is written out to.
What happens if you deposit 10000.00 into a bank?
Actually nothing special happens. The few things that happen are:Your bank balance increases by 10000 (the amount you deposited)The money you deposited is available for withdrawal anytime you wantThe money you deposited starts earning an interest for you for as long as this money is kept in that account.
Can deposited money order be cancelled?
Yes. It may have been a bogus money order.
Can money orders payments be stopped once they are deposited?
Once a money order has been deposited, you cannot stop payment on it. The exception to this is if you can prove that the money order was fraudulently obtained. If that's the case, you can get your money back, but it will take some time to do so.
Can money be deposited into frozen account?
Yes money can be deposited in account when frozen but cannot be taken out.
What happens when money is deposited in account is it credited or debited?
deposited money is credited to your concern bank account
If you deposit money and the guy changes his mind does he have to pay you back?
that person who you deposited the money has to pay you double the amount you deposited
Does all money deposited in a bank earn interest?
No. Money deposited in checking/current accounts do not earn any interest.
Deposited money in bank is cr or dr?
Deposited Money is termed as "CR" or "Cr" or "Credit" it is a transaction in which money is deposited or credited or added to a customer's bank account. The bank balance of the account will increase by the amount of money that was actually credited during this transaction.
What is the term for a type of account that earns interest as money is deposited?
money
Can a money order be tacked if someone. Deposited it?
No
Can a government cheque be deposited in an inactive bank account?
is it possible for money to be deposited in an inactive bank account
What information is needed on a money order to be deposited?
A money order is deposited just like a check would be. Make sure your signature is the same as the check is written out to.
What happens if you deposit 10000.00 into a bank?
Actually nothing special happens. The few things that happen are:Your bank balance increases by 10000 (the amount you deposited)The money you deposited is available for withdrawal anytime you wantThe money you deposited starts earning an interest for you for as long as this money is kept in that account.
Can deposited money order be cancelled?
Yes. It may have been a bogus money order.
How is lottery money deposited into a checking account?
direct deposit
