It means the original creditor has given up the account and sold it to a collection agency. It does not mean the debtor is relieved of the debt. Someone wants the money and they will get it, somehow.
I'm not sure what you mean by transferred...if you mean form say an Ameritrade account to a Schwab...no. There must be a change of ownership (or type of ownership), not just where held. Hence if you transfer from say an IRA to a non-tax defeered, or personal, account it would be taxable.
A sale "on account" would usually refer to a transaction where goods or services are transferred (sold) to a customer (buyer) on credit terms (to be paid for later at a specific time).
The balance is transferred to prepare the Partner's Capital and Current Accounts.
When your account is migrated, it means that your account data has been transferred from one system or platform to another. This process often involves moving your information, settings, and preferences to ensure compatibility with the new system. Migration can occur during upgrades, transitions to new software, or when consolidating services. It typically aims to enhance performance, security, or features of the account.
He transferred his bank account from one area to other. This is the sentence containing transferred.
It means the original creditor has given up the account and sold it to a collection agency. It does not mean the debtor is relieved of the debt. Someone wants the money and they will get it, somehow.
I'm not sure what you mean by transferred...if you mean form say an Ameritrade account to a Schwab...no. There must be a change of ownership (or type of ownership), not just where held. Hence if you transfer from say an IRA to a non-tax defeered, or personal, account it would be taxable.
yes
It stands for Bank Giro Credit. It generally means that a company has transferred money into your account via BACS or a government agency has paid benefits into an account.
The difference between person fund and account fund is that a person fund is transferred to the recipient in person, while the account fund is transferred to the account of the recipient.
Can_a_dormant_account_be_closed_and_balance_transferred_to_Profit_loss_account
A sale "on account" would usually refer to a transaction where goods or services are transferred (sold) to a customer (buyer) on credit terms (to be paid for later at a specific time).
Money transfer refers to the transaction wherein money is transferred from one bank account to another. Ex: If you want to transfer $1000 from your account to your friends account then you have to perform a money transfer
It is sent back to the TODO
it is sent back to the TODO
Money can be transferred to someone without a bank account through services like money transfer agents, mobile payment apps, or prepaid cards.