answersLogoWhite

0

Some banks allow you whereas some don't. I know that when you pay a cheque in to Barclays Bank it shows up as part of your balance. NatWest, however, adopt a similar stance. It won't register until payment has cleared. Just be mindful. Banks are so quick to charge you fees for this and that these days.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

When you deposit money to 1 account is it a debit or a credit?

it is a credit. Depositing money into an account is putting money in.


Can you withdraw the money from your credit card account?

This gets a bit trickier. With many secured credit cards the answer is "No", if you want the money from the savings account back you need to let all of your charges on the secured credit card clear, close the card and than close the savings account and get your money back. Often you maintain the ability to withdraw some money and reduce your credit line, but do not count on that option from all secured cards. In no case would you be allowed to withdraw so much money that your savings account dropped below the minimum set by the bank to establish such an account.


Can you transfer money to a credit card?

Yes, you can transfer money to a credit card by making a payment from your bank account to the credit card account.


Can I deposit money into my credit card account?

No, you cannot deposit money into a credit card account. Credit cards are used to borrow money from the card issuer, not to deposit funds like a bank account.


Is a credit card the same as a debt card?

the debit is your own money from your account and the credit account is borrowed


When I transfer money with my credit card what do you see on my credit card account?

no


How long will a bad account stay on credit history?

Until you clear your debt and your good with the company. After that it will stay on there for about a year but will also have that you paid your money. If you havent paid your debt, then it will remain on your credit history.


Is it possible to transfer money from my Venmo credit card to my bank account?

No, it is not possible to transfer money directly from your Venmo credit card to your bank account.


When you add money to your bank account is it debit or credit?

It's a credit. When you take money out - it's a debit.


Deposited money in bank is cr or dr?

When you deposit money into a bank account, it is considered a credit transaction. This is because you are increasing the balance in your account, which is a credit to your account. From the bank's perspective, they are also increasing their liabilities by owing you that money, which is recorded as a credit on their books.


How can I deposit money into my credit card account?

You can deposit money into your credit card account by transferring funds from your bank account online, through your credit card issuer's website or mobile app, or by visiting a physical branch or ATM.


How can I make a purchase using my running debit card as credit if I have no money in my account?

If you have no money in your account, you cannot make a purchase using your debit card as credit.