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What else can I help you with?
Whose PAN no is required while depositing rs 49999 or more in the bank account whether it is account holder's or the third party's PAN number who is depositing the cash?
The person who is depositing money
What you call putting money into the account?
depositing
What is the difference between withdrawing and depositing money?
Withdrawing money means taking money out of an account, while depositing money means putting money into an account.
Can your joint partner in an account endorse a check in your name before depositing it in your account?
no
Can your bank account be hacked by depositing a check?
Yes, your bank account can potentially be hacked by depositing a check if the check is fraudulent or if the deposit process is compromised by cybercriminals. It is important to be cautious and verify the legitimacy of any checks you receive before depositing them.
What are the uses of ATM?
1. Withdrawing cash2. Depositing cash3. Depositing cheques4. Checking account balance5. Account mini statement6. Mobile recharge/top up etcIt takes money out of your bank account and gives you it in cash
Can you deposit cash in to a ex spouses account with out her permission?
Yes, you can. You don't need anyones permission before depositing cash into their account. However it would be a good courtesy to inform them to avoid surprises. Note that, banks will accept deposits into any account without much 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.
Do you sign the back of checks before depositing them?
Yes, it is important to sign the back of checks before depositing them to ensure that the funds are properly credited to your account.
You are depositing 30000 to my brothers account to buy a home. are you going to be taxed?
yes.
Can you deposit a check made out to cash?
Yes we can make this by depositing the cheque in our account
What is the journal entry when capital is introduced by depositing into bank?
Debit Bank account xxxx Credit Capital account xxxx
