Many small banks, such as credit unions, do not use Chex systems. This is a system which many banks are attached to that let them look up a person's past accounts.
possible. After my five years with chex systems passed, I opened a checking account and the bank closed it after two months due to my chex systems record. They froze it and then closed it without notice to me. I found out when the ATM card quit working. I then had to get Chex systems to write a letter to them because my record should have been gone after five years, but that did not help me get my account back. Yes, if the account holder resides in a state where the banking laws allow the action without due process of law.
Yes, you will be able to open another bank account at a different institution until the bank account that is in overdraft decides to report you to check systems. Once you are reported to check systems as having owed a bank via a checking account, it is very hard to get off of it and that may prevent you from opening a bank account pretty much anywhere. Most banks check check systems.http://paymenttransactionsystems.comhttp://merchantpos.net
No, it is not possible to have a debit card without a bank account. Debit cards are linked to a bank account and are used to access funds deposited in that account.
No, a bank cannot reopen a closed account without your permission.
You can use mint without a bank account by manually entering your financial information and transactions into the app. This allows you to track your spending and budget without linking to a bank account.
Money can be withdrawn from someone's account without using their PIN through methods like identity theft, skimming devices, or hacking into the bank's systems.
As long as the bank that has the hold hasn't reported you to chex systems.
No. It is your account and the bank cannot move funds from one account to another without your approval or rather without you asking them for it.
no where !
Yes, have you had money taken out of your bank account without your permission?
You cannot. Banks usually expect an auto-debit instruction from a bank account for the monthly payments for the loan. That can happen only if you have a bank account and so you cannot get a personal loan without a bank account. Banks would ask you to open an account if you want a loan with them.
No, PayPal cannot withdraw funds directly from your bank account without your authorization.