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if your owing the back like you have an over withdrawn account yeah they can take what you owe to them out of any account you have with their bank Usually after several attempts to contact you/collect the funds the bank will exercise what is called the right of setoff. Which is a federal law saying that they can take funds out of any account that you are listed as an owner and collect for an overdrawn account.
What else can I help you with?
Can an employer legally withdraw money from your bank account without your permission?
No, an employer cannot legally withdraw money from your bank account without your permission.
Can banks legally take money from your account without your permission?
Banks can only take money from your account without your permission in certain situations, such as if you owe them money or if there is a court order.
Can someone withdraw money from my PayPal account without my permission?
No, someone cannot withdraw money from your PayPal account without your permission. PayPal has security measures in place to protect your account from unauthorized access.
Can your bank take money from your account without your permission?
Banks cannot take money from your account without your permission, unless there is a valid reason such as a court order or if you have authorized automatic payments.
Can a bank legally take money from your account without your permission?
In certain situations, such as outstanding debts or fees, a bank may have the legal right to withdraw money from your account without your explicit permission.
Can an employer legally withdraw money from your bank account without your permission?
No, an employer cannot legally withdraw money from your bank account without your permission.
Can banks legally take money from your account without your permission?
Banks can only take money from your account without your permission in certain situations, such as if you owe them money or if there is a court order.
Can a debtor take money out of your account without your permission?
no
Can someone withdraw money from my PayPal account without my permission?
No, someone cannot withdraw money from your PayPal account without your permission. PayPal has security measures in place to protect your account from unauthorized access.
Can your bank take money from your account without your permission?
Banks cannot take money from your account without your permission, unless there is a valid reason such as a court order or if you have authorized automatic payments.
Can a bank legally take money from your account without your permission?
In certain situations, such as outstanding debts or fees, a bank may have the legal right to withdraw money from your account without your explicit permission.
Can someone withdraw money from my bank account without my permission?
Yes, someone can potentially withdraw money from your bank account without your permission if they have access to your account information, such as your account number and PIN. It is important to keep your account information secure to prevent unauthorized withdrawals.
Can a wife take money out of her husband's bank account without his permission?
Legally, in most cases, yes. Ethically, no, not without permission.
Can your parents legally withdraw money from your bank account without your permission?
No, in most cases, parents cannot legally withdraw money from their child's bank account without permission once the child turns 18.
Can a bank transfer money from one account to another without permission?
No. A bank cannot do that. A bank cannot transfer money from one account to another without prior approval or permission from the account holder from whose account money is going to be taken. If such a thing happens, the affected customer can sue the bank.
Have you experienced an unauthorized withdrawal from your bank account?
Yes, have you had money taken out of your bank account without your permission?
What does savings account mean?
Generally a savings account pays interest, and a checking (current) account doesn't. Also, a savings account cannot be overdrawn, but with permission, it is possible to overdraw a checking (current) account. The previous person is correct, a savings account simply lets you save your money and make a little bit at the same time. With a savings account it is a little harder to spend it since they are not typically tied to a checkbook.
