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Deposits can be made only in the bank in which you have an account. Banks that offer core banking service, give you the option of using any of their branches, but deposits can be done only in the same bank and not a different bank.

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16y ago

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Can you cash a check issued by JP Morgan chase at Bank of America?

It depends:If you want to get cash directly from the check without having to deposit it into your bank account - NO. You can do that only from JPMC bank branchesIf you are planning to deposit the check into your bank account - YES, you can deposit the check into your account that is held with any bank across USA


How can you add money to a term deposit?

To add money to a term deposit, you can make a deposit at the bank or financial institution where the term deposit is held. You can do this by transferring funds from your savings or checking account into the term deposit account.


How can you add money to a CD account?

You can add money to a CD account by making a deposit at a bank or financial institution where the CD is held. This can usually be done in person, online, or through a wire transfer.


How can you add money to a certificate of deposit?

You can add money to a certificate of deposit by making a deposit into the account at the bank or financial institution where the CD is held. This can usually be done in person, online, or by mail.


When you deposit a same bank check would the funds be taken out of the other account immediately?

It depends on the bank and the circumstances. The amount might be held out of the maker's account immediately or it might be taken out overnight.


How can I minimize the amount of funds held from my deposit at US Bank?

To minimize the amount of funds held from your deposit at US Bank, you can ensure that all deposited checks are valid and have sufficient funds, avoid depositing post-dated checks, and maintain a good account history to build trust with the bank.


How do you close recuring deposit account?

visit the bank branch where you have the recurring deposit accountsubmit a request in writing to close your accountthe bank will process the request and pay you the money held in that account.A point to note is that, if you are closing your RD before maturity, the bank can charge you a penalty for doing so.


What is the procedure of closing a recurring deposit account?

visit the bank branch where you have the recurring deposit accountsubmit a request in writing to close your accountthe bank will process the request and pay you the money held in that account.A point to note is that, if you are closing your RD before maturity, the bank can charge you a penalty for doing so.


What is the process for releasing US bank funds held from deposit?

To release US bank funds held from a deposit, you typically need to request a withdrawal from your account either in person, online, or over the phone. The bank may have specific procedures or forms to follow, and they may also require verification of your identity. Once the request is processed, the funds will be made available to you for withdrawal or transfer.


What is an example of a time deposit?

A time deposit is an interest-bearing deposit held by a bank or financial institution for a fixed term. Time deposits usually refer to savings accounts, and are held by individuals.


Can you deposit a tax check in your friends account?

It Depends: 1. Yes you can - If you are a joint holder of his bank account 2. No you cannot - If he is the only holder of his bank account This is because, a check can be deposited only into the account that is fully or jointly held by the person to whom the check is issued. So trying to put your fathers managers check into your account is a crime.


Can you deposit your cheque in to your parents account?

It depends: a. Yes - If you are joint holder of the account along with your parents then you can deposit it into that account b. No - If you are not a joint holder of the account along with your parents, then you cannot deposit it into that account. A check can be deposited only into an account that is held by the person on whose name the check is issued.