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What else can I help you with?
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.
Can a bank reject a subpoena for savings account records?
No, they cannot. A subpoena is a legal request from law enforcement authorities which has to be obliged by all people to whom it is served. In this case, a bank has to oblige and share the savings account records of the customer who is mentioned in the subpoena. However, without a subpoena, the bank cannot and will not share customer details with others.
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 amount of money in an account called?
It is called a bank accounts balance
How do you journalize entries for the stock issuances?
Debit Cash / bank Credit share capital account
Can you please share your bank account number with me?
No, it is not safe or advisable to share your bank account number with anyone.
What is a banks customer's share of the profit made on loans?
The bank customer's share of profit made on loans by the bank is called the "interest." It is the money the bank pays the customer for having their money deposited with the bank. As you know, the bank earns an interest income from loan customers for the money they lend them, and since this money they lend is taken from the deposits placed by customers, banks share the profit by paying interest to the customer who has placed the deposit with them.
How do you account for Issued Share Capital?
[Debit] Cash / bank xxxx [Credit] Share capital account xxxx
Is it safe to share my bank account number with others?
No, it is not safe to share your bank account number with others as it can lead to unauthorized access to your funds and potential fraud. It is important to keep this information private and only share it with trusted sources, such as your bank or financial institution.
When two people open a bank account together you call it a?
It is called a joint account. A joint account is one when two or more people agree to operate a bank account in a joint/collective manner and are together responsible for the activities in the bank account. One party can carry on with transactions in the account with or without the knowledge of the other holders of the account
What is bank customers share of the profits made on loans?
Savings account interest is the bank customer's share of the profits made on loans.
Can a bank share your checking transactions with your spouse if they are not on the account?
NO THEY CAN NOT THEIR NAME HAS TO BE ON IT
Is it safe for me to share my bank account number with others?
No, it is not safe to share your bank account number with others. This information can be used for fraudulent activities and compromise the security of your finances. It is important to keep your bank account information confidential to protect yourself from potential scams and identity theft.
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.
Can a bank reject a subpoena for savings account records?
No, they cannot. A subpoena is a legal request from law enforcement authorities which has to be obliged by all people to whom it is served. In this case, a bank has to oblige and share the savings account records of the customer who is mentioned in the subpoena. However, without a subpoena, the bank cannot and will not share customer details with others.
Is it safe to share my bank account number and routing number with others?
No, it is not safe to share your bank account number and routing number with others as it can put your financial information at risk of fraud and unauthorized transactions.
Is it okay to share my bank account number with someone?
It is generally not recommended to share your bank account number with someone unless it is a trusted individual or organization for a specific and legitimate purpose. Sharing your bank account number can put your financial security at risk and may lead to unauthorized access to your funds. It is important to be cautious and only share this information when necessary and with trusted parties.
