No, a closed bank account cannot be charged for any fees or transactions.
You can be charged any fees that were applicable to the account when it was still open. Yes, fees and interests will still be applied as long as there is an account balance.
Yes, a cancelled debit card can still be charged for unauthorized transactions if the card information is used fraudulently before the cancellation is processed by the bank. It is important to report any unauthorized transactions to the bank immediately to minimize liability.
Yes, interest and fees are still charged when an account is sent to collections or purchased by a third pary collector.
Yes, as long as you still owe money.
The payment may be posted in your account but the money may not be immediately deducted because of processing times or pending transactions.
No. once an account is closed, it ceases to exist. It is no longer a valid account that can be used for transactions. So if someone wants to charge you for anything, they cannot use this bank account. Even the bank cannot charge anything on that account.
Yes. The bank (or building society) MUST retain copies of all transactions - by law. Even if the account has been closed, there will still be an audit trail for the transactions.
If you closed your account, then your videos won't even be on youtube anymore. i closed it today .. and i was shocked to see my videos still on .. !! even my friend .. closed his account and the videos are still On !!
yes, as long you maintained the minimum maintaining balance, a bank required, there will be no bank charges deduction on your account, because 1 year of no depositor/s transactions means dormat account. If, minimum maintaining balance was not met, then your bank charged you of dormancy, then your account might be closed, and you cannot deposit any. Ask your bank about your balance.
You can be charged any fees that were applicable to the account when it was still open. Yes, fees and interests will still be applied as long as there is an account balance.
Yes, a cancelled debit card can still be charged for unauthorized transactions if the card information is used fraudulently before the cancellation is processed by the bank. It is important to report any unauthorized transactions to the bank immediately to minimize liability.
Sadly no.
they can if it contains a balance. if they charged it off and gave you a zero balance and a pay off letter then they cannot. If they closed the account and reduced the amount you owe you are still responsible for the payments including late fees and interest.
Yes, interest and fees are still charged when an account is sent to collections or purchased by a third pary collector.
I am not sure why your Amazon has not closed out after 2 days. You should try closing out the account again.
Even if the account is closed, the cash inside of the account is still considered an asset and no accounting entries are necessary. If a new account is opened, the new account is debited the cash balance and the old account is credited.
Yes, as long as you still owe money.