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Can you sue your bank for not Informing you about CD account money going to your checking account?
I dont think so. Usually while opening the CD you are asked the instructions upon maturity. If you had chosen the option of crediting your checking account then definitely you cannot sue them.
In most cases, if no maturity instructions are given by the customer, the cash is deposited into his/her account.
If you had provided specific maturity instructions and the bank dint follow it and instead deposited the cash to your account then you can. But before that you must give a written complaint to the bank and see what they have to say.
What else can I help you with?
Why is a checking account more convenient is savings account?
It's easier to spend the money in a checking account.
How is a checking account different than a savings account?
A checking account is typically used for the active transfer of money, whether this is money going in (as in a paycheck) or coming out (withdrawals, purchases). Meanwhile, Savings accounts are typically used for putting money in without necessarily withdrawing money out. Savings accounts pay you interest, while few checking accounts give anything at all- in fact, many checking accounts charge a monthly maintenance fee just to use them. Of course, withdrawals and transfers from a savings account are limited by law, while checking accounts have no restrictions on the number or types of transactions.
How does a checking account work?
with a Checking account, you can withdraw money, pay bills or make a purchase easily, using checks.
What is a sentence using the word checking account?
The checking account had no money; the bankrupt man was in big trouble, with all his heavy debts.
What is the difference between a money market account and a checking account?
When money is held in a checking account the money is liquid. It is always accessible. It can be withdrawn using checks, or electronic cards. A money market account however, is much like a certificate of deposit. It requires a larger amount of money in order to open the account and has a much higher interest rate.
How can you withdraw money from your checking account?
You can withdraw money from your checking account by visiting an ATM, going to a bank branch, using online banking, or writing a check.
What is a debit to your checking account?
A Debit is a transaction wherein money is debited or withdrawn or taken out from your bank account. For Ex: You use your ATM card to withdraw money from an ATM, this transaction will be reflected as Debit in your account because you have taken money from your account
What is money in a checking account called?
Money in a checking account is called demand deposit.
Do you pay taxes on your checking account?
No, you do not pay taxes on the money in your checking account.
What if its disabilty money in your checking account how would a lien work then?
if you have a lein on you, can they take your disabilty money out of your checking account
Why is a checking account more convenient is savings account?
It's easier to spend the money in a checking account.
What are the disadvantages of using checking accounts?
Many checking accounts do not offer interest on the money in your savings account. This is a disadvantage because the money you put in a savings account will collect interest, where a checking account will not.
Can I deposit a money order into my checking account?
Yes, you can deposit a money order into your checking account at most banks and credit unions.
Do you paid taxes on checking account?
The only tax you would pay on money in a checking account is any interest the money made if it is a interest type of account.
I opened a checking account with money I earned from my employer. the bank cosed my account. they sent me no explanation. What is going on?
You'll need to go to the bank and ask them.
How can you access money in a checking account?
You can access money in a checking account by using a debit card, writing a check, or making an online transfer.
What limit can you put in a checking account in Florida?
what limit of money can you put in your checking account in Florida bank of America
