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Why do some banks allow free transactions if a minimum balance is kept in an account?
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Can an authorized user remove the primary user and become the primary user?
Absolutely not. Most banks don't even allow the authorized user to get basic info from the account, such as balance or recent transactions.
If your organization does not allow you to approve your own transactions how might transactions become approved?
Autoapproval during order and transaction matching
How might transactions become approved if your organization does not allow you to approve your own transactions?
Autoapproval during order and transaction matching
Can you charge collection fees to account?
Yes. It depends on your state. Most states allow up to 30% of the balance. However this depends on the type of debt incurred by the debtor.
Will removing an authorized account that has a high balance raise the fico score of the authorized user?
It depends. Does the high balance put the consumer into a position of too much credit? Does this single high balance cause the consumer to have outstanding $100,000 in credit card debt? Or does the amount merely allow for the consumer to show that they can be responsible with making regular payments (with this account being the only debt owed.)
Is there a bank that will allow you to open an account with no penalties for minimum balance?
No. If the bank mentions a minimum balance, if you do not maintain it, it would charge you the penalty.
How does one qualify for a high yield savings account?
There are not much qualifications to open a high yield savings account, Sallie Mae will allow you to open one with no minimum balance and no monthly fees.
Can an authorized user remove the primary user and become the primary user?
Absolutely not. Most banks don't even allow the authorized user to get basic info from the account, such as balance or recent transactions.
What can you do at an account money market?
A money market account is a type of savings account you can get at your local credit union or bank. They traditionally only allow 3-6 withdrawals a month, require a higher minimum balance, and provide a higher interest rate.
Can i transfer money from my chase account to my wife's account on line?
If your banks allow online transactions, as most do, then there should be no problems doing so
The limitation for CC accounts for overseas contingencies differ from the regular CC account limitation in that they allow for transactions up to 10000?
true
How much money can someone save using Halifax isa?
You can save over 1000.00 per year by using a Halifax isa. A Halifax isa is a way of saving you money by having a minimum balance in your account. It rewards you for maintaining a certain balance with points, which are redeemable by the company and allow you to gain interest on your money.
Does the executor of an estate have the right to know how much was in an account with no power of attorney and the owner of the account was blind and tricked into signing papers?
The executor will have a letter of authority from the court. That should allow them to see the transactions involved.
What are the benefits and drawbacks of free checking accounts?
The benefits are usually that there are no monthly fees, no minimum balance, and only a small balance needed to open the account. The drawbacks are that you do not earn interest in most free checking accounts, and you are limited in the services that you can use. For most regular people, a free checking account serves them well. For wealthy people, free checking does not allow them to gan interest on the large amount of money they have,
Do you need to log in to your Google Adwords account to check the balance?
Yes, you must be logged in to your Adwords account in order to check your balance. It would not be wise to allow people to check their balances without logging in because of privacy concerns.
Do ATMs allow you to put money in your account?
You can make deposit into a checking or savings account via the ATM. Also most banks allow the customer to transfer funds from one account to another by using ab ATM. The instructions for making any type of transactions are displayed on the ATM screen in understandable (hopefully) directives.
What is the minimum deposit in a fixed deposit?
It depends on the type of account you want to open. Most Nationalized banks in India allow you to open an account with a minimum deposit of Rs. 500/- or Rs. 1000/- (depending on whether the branch is a rural or city branch). Private banks on the other hand require a higher minimum deposit - usually Rs. 5000/- or more. But, they also have special accounts which offer 0 balance facilities but they come with a condition - like if you have a salary account. You need to check with your bank to find out the exact amount
