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What is a business deposit account?

A business deposit account is the same as a savings account for an personal customer. It allows businesses to make some interest on lump sums that they are able to leave in these accounts for a set period of time.


Can a bank close your account after opening it?

Dependent on your local area laws / regulations, a bank may close an account on a customers request or if the account has been dormant (no activity) in some time. This may be as little as a few months.


What is revaluation account?

revalutation account is opened to record the revaluation of assets and liabilities.the profit or loss arising because of revaluation is transfered to old partners capital account in their old profit sharing ratio. Companies from time to time check the values of assets and liabilities for there book values and if there is some changes in book values of assets and liabilities that revaluations are made through revaluation account which are later charge to profit and loss account or transferred to reserve account.


What is difference beween demat account and trading account?

Some time ago when we bought shares we got then in physical share certificates . They are gone now. They have been replaced with a "dematerialized" account or demat account. So when you buy 100 shares of XYZ, they go into the demat account.and they will be shown in your demat account Electonically. The actual process of buying and selling shares will have to be done from the trading account. Some time ago when we bought shares we got then in physical share certificates . They are gone now. They have been replaced with a "dematerialized" account or demat account. So when you buy 100 shares of XYZ, they go into the demat account.and they will be shown in your demat account Electonically. The actual process of buying and selling shares will have to be done from the trading account.


Can you deposit money into your schwabb roth account at any time?

Can you deposit money into your schwabb roth account at any time?

Related Questions

How do you use the word deposit in a sentence?

He stopped by the bank to deposit his paycheck. When was the last time you deposited a check into your savings account? The doctor is concerned about fatty deposits in dad's arteries. Valuable oil and mineral deposits are found in the mountains of the middle east.


What characteristics to most credit card companies possess?

Some of the main characteristics of credit card companies would be: Empathy (how sympathetic are they to your needs?) Responsibility-How responsible are they with your information and your account? Reliability-how reliable are they and have they been around a long time.


When to do we debit bank account?

We debit our bank account every time we withdraw (take out) some of our money.


What is a abondoned Neopet account?

An abandoned account is simply one that is inactive. This means that the user has not signed on for quite some time.


Will your facebook account be deleted if you don t use it for a long time?

No your facebook account will not get deleted if not used for long time. It might just ask you to verify about your account security and safety with some verification process when you try to access your account after a long time say 2-3 months.


What are some characteristics of the Edwardian era?

Some characteristics of the Edwardian era are that it was a period of time under the reign of King Edward VII and was from 1901-1910. There was a large influx in poverty among women, but there were working class women at this time.


How is a certificate of deposite different from a regular savings account?

Savings Account: A savings account is one in which customers save their monthly savings and they are not like the current account. Though the money is available at any time for the customer to withdraw, money is not as frequently deposited/withdrawn from it like the current account. Hence banks offer a meager interest rate for the money held in this account. Certificate of Deposit: A CD Account is one in which the customer deposits a big sum of money (Usually a few thousands and upwards. There is actually no limit to the amount of money you can deposit in a CD) for a fixed duration of time (Atleast 3 months or higher). Since you agree to keep the money deposited with the bank for a fixed/agreed upon duration, the bank gives you a very good interest as payment for keeping the deposit


Can you have both a Health Savings Account (HSA) and a Dependent Care Flexible Spending Account (FSA) at the same time?

Yes, you can have both a Health Savings Account (HSA) and a Dependent Care Flexible Spending Account (FSA) at the same time, but there are some restrictions and limitations on how they can be used together.


How do you transfer money from CIBC to Coast Capital electronically?

You can create a paypal account and transfer money from your cibc account to paypal then to your coast capital account. It will take some time to verify your bank accounts though and to transfer money from your cibc account to paypal then again to coast capital may take some time as well. It will work electronically though.


How do you unlock your runescape account?

I believe it is impossible, at this time, to simply unlock your account. Going to the forums and talking to some Jagex Moderators might help, though the account just might be lost.


Does rob dyrdek have a YouTube account?

Yes he does and if you message him a good question he will answer you back some of the time


What are the characteristics of silk clothing?

Some characteristics of silk clothing is it is soft and smooth to the touch and it also has great absorbancy. Silk is cool in the summer time and warm in the winter as well.