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What else can I help you with?
Do banks sell stocks and bonds online?
"Some do, and some don't. Also, it depends on the size and type of a purchase. The security of such transactions can be compromised, which is a liability for a bank."
Do banks process on Veterans Day?
Most banks in the United States are closed on Veterans Day, as it is a federal holiday. This means that typical banking services, such as transactions and customer support, may not be available on that day. However, some banks may offer limited services through ATMs or online banking. It's always best to check with your specific bank for their holiday hours.
Do you get charged for cash back transactions?
Yes, some banks and retailers may charge a fee for cash back transactions, so it's important to check with your bank or the store before making a cash back withdrawal.
Why do some banks allow free transactions if a minimum balance is kept in an account?
Some banks allow free transactions with a minimum balance to incentivize customers to maintain a higher balance, which enhances the bank's liquidity and profitability. By keeping funds in the account, banks can use those deposits for lending and investment purposes. This policy also fosters customer loyalty, as clients may be less likely to switch banks if they can avoid fees by maintaining the required balance. Overall, it creates a win-win situation for both the bank and the customer.
Will banks be closed july5 2010?
Most banks that follow the same holidays as the federal reserve are closed on July 5th, since the 4th falls on a Sunday this year. Some banks accept transactions, but nothing can be processed until the 6th when the federal reserve is open again.
Are banks in the US Open on Presidents' Day?
Generally no, it is a federal holiday. However, some local banks may be open for some transactions. To find out for sure, one should call the bank in question to make sure if it is open or not.
What are the difference between credit cards issued by Islamic banks and credit cards issued by conventional banks?
There may be a restriction on funds transfer in other countries or other currencies. Some countries have currency controls which means credit cards issued in those countries may not be used to pay for transactions outside of the country. Even if they do allow transactions outside the country where the card was issued, they almost certainly will not allow transactions that take place in Israel.
How does business transaction relate to accounting process?
Simply in general terms, the Accounting process is all about Money. And transactions are some kind of statements about transfering money. And accouting deals with these statements to make a final decisions. That's why the transactions are related to accouting processs
How does business transaction relate to the accounting process?
Simply in general terms, the Accounting process is all about Money. And transactions are some kind of statements about transfering money. And accouting deals with these statements to make a final decisions. That's why the transactions are related to accouting processs
Are presidential 1.00 coins still sold at banks?
2011 was the last year presidential dollars were issued for circulation. Some banks may still have some available, but they can no longer order current issues from the federal banking system.
Do banks accept pennies?
Some banks do, some banks don't.
Where do you redeem US savings bonds?
In most states, most banks, savings and loans, and similar institutions will cash savings bonds for you. The process is similar to cashing a check, but you might want to call ahead, as some financial institutions no longer offer this service
