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If you deposit your money into another persons bank account can they take money out of their account?
It IS their account. The only way to keep the money in an account is to sign up with them for an account that requires both signatures for withdrawal. Otherwise, the money will be used.
What happens in ma if you don't pay back a payday loan?
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.
How does a bank take money from an account?
A bank can take money from an account through various methods such as fees, charges, withdrawals, or transfers authorized by the account holder.
Does the bank take money from your account?
Yes, the bank can take money from your account for various reasons such as fees, charges, or if you have authorized a payment or transfer.
How long does it take to transfer money from one bank account to another?
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.
If you deposit your money into another persons bank account can they take money out of their account?
It IS their account. The only way to keep the money in an account is to sign up with them for an account that requires both signatures for withdrawal. Otherwise, the money will be used.
Can a bank you have a charge off with take money direct deposited in your name to another members account?
no
Can a bank take money from another account to pay a charge off?
A bank can take money from another account in their bank to pay a charge off. They have to reveal this in paperwork with small print that you more than likely signed without knowing it. Check your bank's policy but bank's are tightly regulated and follow the law very closely.
What happens in ma if you don't pay back a payday loan?
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.
When do we debit bank account?
We debit our bank account every time with withdraw (take out) money from our bank account.
How does a bank take money from an account?
A bank can take money from an account through various methods such as fees, charges, withdrawals, or transfers authorized by the account holder.
Does the bank take money from your account?
Yes, the bank can take money from your account for various reasons such as fees, charges, or if you have authorized a payment or transfer.
How long does it take to transfer money from one bank account to another?
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.
What age do you have to be to take money out of your bank account?
-18
Can a bank take out money from your account to pay an agent?
no
When to do we debit bank account?
We debit our bank account every time we withdraw (take out) some of our money.
How would you put your money in the savings account?
Take the money to a teller at your bank, or deposit it in the ATM at your bank.
