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Yes that is why they pay intrest on your money they use

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16y ago

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How can someone withdraw money from another person's bank account without their knowledge?

It is illegal and unethical to withdraw money from another person's bank account without their knowledge or consent. This is considered fraud and can result in serious legal consequences. It is important to always respect others' privacy and financial security.


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.


Is anyone else check your bank account?

No. Only an account holder can check his/her bank account. If anyone else gains access to your account without your written consent, it is illegal.


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?


Can a loan shark draw you're provident fund form your bank account without your consent?

No


Can a husband open a bank account in both his name and spouses name without spouses consent?

In most cases, a husband cannot open a joint bank account without his spouse's consent. Both parties typically need to provide consent and identification to open a joint account. It is important to check the specific laws and regulations in your jurisdiction.


How can money be transferred to someone without a bank account?

Money can be transferred to someone without a bank account through services like money transfer agents, mobile payment apps, or prepaid cards.


What happens if I have two direct deposits hit my account at same time?

Assuming you're entitled to the money - nothing ! However - if one of the deposits were made in error - and the bank discovers the fault - they an quite legitimately remove that money from your account without your consent.


Is it possible for me to withdraw money from my child's bank account?

No, it is not legal to withdraw money from your child's bank account without their permission or legal authority to do so.


If a bank withdraws money from your account without notifying you are you responsible for NSF charges?

If the bank for some reason widraws money without your consent it has to be for a powerful reason (trouble with the law) they need an authorization paper from the court to widraw that money and later they would have to freeze it so that you can't use the account, that is normally in the US I don't know the procedure on an international country and it depends on what type of bank you are. I would need more info.


How do you take money out of the bank without bankrobbing?

Make a bank account and ask to withdraw.......