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What does deposit amt mean?
trying to make an account online to see how much money i have in the bank and i dont know what it is
A form that you fill out to put money into your account?
It is called a deposit slip or a deposit challan. You fill in your name, account number and the amount you want to deposit in it. After signing you hand over the slip along with the money to the bank teller. The teller will accept the slip and the money and credit it into your bank account.
Difference between current account and call deposit account?
A call deposit account is a hybrid form of Current account and general saving account which allows us to withdraw money at any time as in current account and provides us interest on the deposit amount as in other saving account.
How do you deposit money in an account?
you can deposit at the bank
Is a bank deposit slip a credit or debit?
A bank deposit slip is used for credit. Credit is an action in which money is deposited into a bank account. For doing so, we need to fill a deposit slip. The deposit slip contains details like the name of the account holder, amount of money deposited, the denominations, date of deposit etc.
Is it possible to deposit a money order into my bank account?
Yes, it is possible to deposit a money order into your bank account. You can do this by filling out a deposit slip at your bank and providing the money order as the deposit amount. The bank will then process the money order and credit the funds to your account.
Can i deposit a large amount of money in saving account?
Yes, you can deposit a large amount of money into a savings account, but it's important to check your bank's policies regarding deposit limits and any potential fees. Additionally, consider how the deposit may affect your access to funds and interest rates. Be aware of FDIC insurance limits, which cover up to $250,000 per depositor, per institution. If your deposit exceeds this amount, you may want to consider spreading it across multiple accounts or institutions.
Money you deposit into a savings account could be insured by the federal deposit corporation up to what amount?
$250.00
What does MOD balance mean?
money on deposit . It is not money on deposit. It is "Multi Option Deposit" which means: you can decide upon the money going to Fixed Deposit for the minimum amount you set for your account. For instance: You have 50000 in your account. In normal scenario, you will be getting interest on the above amount as per saving bank interest rate. But in case you have MOD account, you can decide that what ever amount is surplus of 10000, it goes into MOD balance and for those amount, you get a interest rate as you get incase of Fixed deposit.
Money you deposit into a savings account could be insured by federal deposit insurance corporation up to what amount?
$250.00
Money you deposit into savings account could be insured by the federal deposit insurance corporation up to what amount?
$250.00
What does deposit amt mean?
trying to make an account online to see how much money i have in the bank and i dont know what it is
A form that you fill out to put money into your account?
It is called a deposit slip or a deposit challan. You fill in your name, account number and the amount you want to deposit in it. After signing you hand over the slip along with the money to the bank teller. The teller will accept the slip and the money and credit it into your bank account.
What form is filled out to put money into your account?
It is called a deposit slip or a deposit challan. You fill in your name, account number and the amount you want to deposit in it. After signing you hand over the slip along with the money to the bank teller. The teller will accept the slip and the money and credit it into your bank account
Money you deposit into a savings account could be insured by the federal deposit insurance corporation up to what amount?
$250.00
Is there a limit on the amount of money you can deposit into your bank account?
No. But, it is mandatory that you provide proof of income - as to how you earned that money. All Banks require source of the money to be furnished when you make the deposit
What is the process for making the first and last deposit for this account?
To make the first deposit for this account, you will need to provide the required initial amount of money to open the account. This can usually be done in person at a bank branch or online through the bank's website. For the last deposit, you can simply transfer money into the account as needed or make a final deposit before closing the account.
