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What else can I help you with?
Where does the money come from when you borrow from a bank?
When you borrow money from a bank, the money comes from the bank's deposits and reserves, which are funds that the bank holds from its customers and other sources. The bank uses these funds to lend to borrowers, charging interest on the loans as a way to make a profit.
Where does the money for your monthly credit card payment come from?
The money for your monthly credit card payment typically comes from your bank account or other sources of income, such as a paycheck or savings.
When you borrow money from a bank where does that money come from?
When you borrow money from a bank they pull cash from the bank's reserves. This collection of cash is the net cash reserves within the bank or its network from depositors in the system.
Will Jericho come back in money in the bank 2011?
He may not...
When did reserve bank of India come into existence?
It commenced its operations on April 1, 1935, during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934.
What does conclusion meam?
When you come to end of something and begin to devise a summary.Here is an example: "John stole money from the bank and demanded it to be put into his bank account." - From this the police and the bank can come to a conclusion that John stole this if the money transfer was recorded and funds present is in his account.
Does every bank account have overdraft?
No they have to have a linked funding source for the money to come from
When you spend money on a debit card does the money come right out of your bank account?
Yes, but not necessarily right away.
What does invalid receiver IFScode mean?
An IFSC code is a code that uniquely identifies each bank and branch inside India. When we transfer money from one bank account to another, the target banks IFSC Code has to be correct. If that is incorrect, this error will come and the funds will not reach the receiver.
Can the bank come after me for money after a foreclosure?
Yes. If, the amount they auction the property for is less than what you owe they will come after you for the difference.
If house you rent is being foreclosed can you put rent money in bank instead of giving to landlord?
DO NOT give money to the LL befiore you speak to the bank. You may have to make payments directly to the bank. If that is your obligation, and, if you mistakenly give the money to the LL instead then you may end up owingthe money to the bank who won't bother chasing after the LL for you. It will be your problem to come up with the money.
Is it true a bank will work out a payment plan with you even though your car has got repo and you have a certain date to come up with all the money?
It depends on the bank, but you should ask. Often some money or late money is better than no money. "you have not because you ask not"
