0
If a bank puts a hold on funds can they charge overdraft fees during the period until they pay the amount on hold?
Banks can definitely charge overdraft fees on an account if they are holding the funds. Banks will argue that you should not spend the money in your account until it is available to you or until the hold has been released. I have been in banking for years, and even though customers may not think this is a fair practice, it is perfectly legal and done all the time.
What else can I help you with?
How much does overdraft protection cost?
Overdraft protection typically costs a fee each time it is used, which can range from 25 to 35 per transaction. Additionally, some banks may charge a daily fee if your account remains overdrawn for an extended period of time.
What is temporary overdraft?
A temporary overdraft is the ideal solution for dealing with any unexpected event for which you need additional funds for a short period of time.
What is Overdraft facility?
when bank give loan to the people on credit for a fixed time period is called overdraft facility. we can withdraw more than than our bank bal.
Can i overdraft my bank account as soon as i open it?
Yes, you can overdraft your bank account as soon as you open it, but this depends on your bank's policies and whether you have opted into an overdraft protection service. Some banks may allow immediate overdrafts, while others may require you to meet certain criteria or have a waiting period. It's important to read the terms of your account and discuss options with your bank representative to understand your specific overdraft limits and fees.
What happens if a cardholder pays off the balance during the grace period?
If a cardholder pays off the balance during the grace period, they will not be charged any interest on the amount owed.
What happens if the bank has restrained your account for a long overdraft period of time?
Most banks will allow an account to remain negative for 30 days and then they will close the account ..many will charge fees during this period
How much does overdraft protection cost?
Overdraft protection typically costs a fee each time it is used, which can range from 25 to 35 per transaction. Additionally, some banks may charge a daily fee if your account remains overdrawn for an extended period of time.
What is temporary overdraft?
A temporary overdraft is the ideal solution for dealing with any unexpected event for which you need additional funds for a short period of time.
Inventory system in which the inventory records do not show the amount available for sale or sold during the period called?
The periodic inventory system does not show the available amount for sale during the current period. It also does not show the amount sold during the current period.
What is Overdraft facility?
when bank give loan to the people on credit for a fixed time period is called overdraft facility. we can withdraw more than than our bank bal.
If total assets decreased by 88000 during a period of time and owners equity increased by 65000 during the same period then the amount and direction of the period's change?
If total assets decreased by $88,000 during a period of time and owner's equity increased by $65,000 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities is d. $153,000 decrease
What contigent rent?
Contingent rent refers to rent that is not a fixed amount. The rent amount for a particular period will depend on the amount of revenue that the tenant had during that period of time.
What do you called the amount of rain that falls in a place during a particular period?
The amount of rain that falls in a place during a particular period is called precipitation. This can include rain, snow, sleet, or hail.
What is the lest amount of rain that falls during this period of time?
the lest amount or rain that fall in this period of time is 69% witch equals 69.6969 IT IS A ME BORAT LA LA LA
Does current value depends on the amount of charge moving past a point in a unit of time?
Yes, the current value is directly related to the amount of charge passing a point in a unit of time. Current is defined as the rate of flow of charge, so a higher amount of charge passing through a point in a given time period will result in a higher current value.
What is the rule of a president in a country?
The period of time during which a president is in charge is called his (or her) term of office.
What are the Romans of govement and who is the charge?
The Romans had three forms of government over the 1,200 years f their history: a monarchy for 244 years, a republic for 482 years and rule by emperors for 53 years. During the monarchy the king was in charge. During the republican period two annually elected consuls were the heads of the Republic. During the period of rule by emperors, the emperors were in charge.
