It depends entirely on - from where the money is coming from. The standard timelines are:
a. From same bank - within minutes
b. From different bank - same country - 1 or max 2 working days
c. From same bank - different country - 2 to 3 working days
d. From different bank - different country - 3 to 5 working days
All the timelines above are for standard electronic transfers. There are faster ways of sending money and the timeline varies based on the mode of transfer.
Speaking from personal experience, they will take the money from the bank account that you signed up with regardless if the money is in there to cover it or not. If there is not enough money in the account then you will owe the bank money. If you don't pay the bank long enough they will take you to court, and you wont be able to open another bank account for a little while.
Yes, a bank can close your account even if there is money in it, as long as they provide notice and return the funds to you.
Yes, Amazon will accept money from a bank account even if it is an Arabic bank as long as the funds are available.
only if you have owed that bank for a long period of time then yes they can but if u just recently owed the bank money then no. also if you have insufficient funds with a bank and you go open another account with a different bank then your old bank will see and get the money from the account you just recently opened to pay off what you owe with them.
The time it takes to transfer money from one bank to another can vary, but typically it takes 1 to 3 business days for the funds to be available in the receiving account.
The time it takes to transfer money from one bank account to another can vary depending on the banks involved and the method of transfer. Typically, it can take anywhere from a few hours to a few business days for the transfer to be completed.
Most times, the deposit should be cleared into their bank account within 24 hours. The amount will vary depending upon the bank and when you make the deposit.
debit cards draw money out of your bank account. you can use it again when you bank account has money in it again.
As long as the bank that has the hold hasn't reported you to chex systems.
It is not common for a bank to lose any account number. It may be a good idea to consult the bank in order to know why the account number is missing.
It the account is left inactive for a long time with no money in it they may opt to close the account.
Yes. As long as you don't use your overdraft facility and take money out of that account, it is fine. But, if you happen to withdraw money from the OD account, it becomes the money you owe the bank and you must repay the bank the money you took from your OD account. Therefore it becomes a debt you owe the bank.