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A purgable bank account is a type of account that can be closed or emptied, usually due to inactivity or failure to meet certain conditions set by the bank. When an account is purged, the funds may be returned to the account holder or escheated to the state after a specified period. This term is not commonly used in banking, so it may refer to specific policies of individual banks regarding account management. Always consult your bank for details on account maintenance and closure policies.
What else can I help you with?
Is bank account perosnal account?
yes bank account is personal account
Is saving account a bank account?
If you have a savings account at a bank, then it is a bank account. If you have it in another kind of institution, such as a Credit Union or Savings and Loan, then it is not a bank account, although some people use the term "bank account" loosely and apply it to any savings account anywhere.
When do we debit bank account?
We debit our bank account every time with withdraw (take out) money from our bank account.
Who or what is a bank account holder?
A person on whose name the bank account is opened is called the bank account holder. He is the one responsible for maintaining the account.
What is a bank accountant?
bank account  -noun 1. an account with a bank. 2. balance standing to the credit of a depositor at a bank.
What are the examples of contra voucher?
# Cash account to Bank account # Bank account to Cash account # Bank account to Bank account
Which one is correct sentence.you have a bank account in this bank or you have a bank account under this bank?
"you have a bank account in this bank" is the right phrase.
Is bank account perosnal account?
yes bank account is personal account
Why is your bank account under investigation by your bank?
why is your bank account under investigation by your bank?
Is bank account a real account in accounting?
No bank account is a Personal account in Accounting
How does one hold a bank account?
To "Hold" a bank account is the same as having or owning a bank account. If one has a savings account, they hold that account.
Can I open a click bank account with no bank account or can I use my PayPal as a bank account?
PayPal is not a bank you need to have a bank account to open a PayPal account. The reasoning for this is because PayPal pulls the money from your bank to make purchases.
Is saving account a bank account?
If you have a savings account at a bank, then it is a bank account. If you have it in another kind of institution, such as a Credit Union or Savings and Loan, then it is not a bank account, although some people use the term "bank account" loosely and apply it to any savings account anywhere.
What is the entry for bank loan account?
Debit Bank Account - Assets Credit Bank Loan Account - Liability
When do we debit bank account?
We debit our bank account every time with withdraw (take out) money from our bank account.
What is the bank contact name for this account?
The bank contact name for this account is the person who can be reached at the bank regarding this account.
How do you know your bank account number?
You can find your bank account number on your bank statement, online banking account, or by contacting your bank directly.
