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No. A person's salary can be paid only into a bank account that is held by the person to whom the salary is paid. For ex: if I work ABC company and get a monthly salary of USD $3000, the money can be credited only into a bank account that has my name as the account holder. It cannot be paid into your bank account.

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What is the bank contact name for this account?

The bank contact name for this account is the person who can be reached at the bank regarding this account.


What do I need to wire money to a bank account?

To wire money to a bank account, you typically need the recipient's account number, the bank's routing number, the recipient's name, and the bank's name and address. You may also need to provide your own account information and possibly a reason for the transfer.


Can someone withdraw money from my bank account if they have my bank account number?

No, someone cannot withdraw money from your bank account with just your bank account number. They would need additional information such as your name, security code, and possibly a form of identification to access your account.


When an owner deposits cash in an account in the name of the business it is an increase to?

When an owner deposits cash in the bank account of his business, the bank account (assets) will increase in his books and payable account (Liabilities) will increase in the books of the bank.


How do you write letter to Hdfc Bank For request to close the operating account?

To, The Manager __________ (Fill in the name of the bank and branch in the blanks) From, _____ (Fill in your Name) ______(Fill in your Address & Phone number) Sir, Sub: Reg. Closing of Bank Account ______ (Fill in the Account number) As I would like to close my bank account _____ (fill in your bank account number) with you, kindly do the needful reg. the same. Please do the needful to close my account and repay the balance held in my account to me. Thank you ________ (Fill your name and sign) The bank would take up the request and pay you the balance as cash or check.

Related Questions

What is the bank contact name for this account?

The bank contact name for this account is the person who can be reached at the bank regarding this account.


How do you write a letter to bank manager for cheque deposited in wrong account number?

Different banks have different procedures when checks are deposited in the wrong account name. If someone writes to the bank manager, they need to include the wrong name and correct account name is sohan lal and why the accident occurred.


What Does Bank Account Name mean?

It is the name of the account holder


Who or what is a bank account holder?

A person on whose name the bank account is opened is called the bank account holder. He is the one responsible for maintaining the account.


What does bank account holder mean?

its a type of bank account where the name of the account holder is kept secret.


Can you have 2 bank accounts in different names?

Not legally. You must use your legal name when opening a bank account and it must match the name on our social security card.


Who owns your money in a bank account you or the bank?

The person whose name is on the account owns the money. The bank holds it for them.


What if only one name on a bank account?

karnataka bank


How much time it will take for an SBI savings account for the cheque which is in the name of the account holder but different bank and also outstation?

20-25 days!


Given an account number from the China Construction Bank how can you identify the beneficiary?

Name of Beneficiary- Moncila Victory Bank Name- China Construction Bank Account Name- Moncila Victory Account No. 6217004280000025468 Swift Code- pcbccnbjgsx Bank Address- Gansu China.


Who do I give my salary information to at Collinstown Bank?

Don't give your salary to anyone claiming to be from Collinstown Bank as the bank name has been used as a scam to get personal information from people.


Is bank account an a bank deposit account the same?

No. A bank account can be a checking or savings. It is the account in your name where you deposit and withdrawl funds from. A bank deposit is when you put money into the account either by you walking into the bank and handing them cash or a check and the bank teller processes it to be put into your account. They are two different things but they are related.