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only if you have owed that bank for a long period of time then yes they can but if u just recently owed the bank money then no. also if you have insufficient funds with a bank and you go open another account with a different bank then your old bank will see and get the money from the account you just recently opened to pay off what you owe with them.

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15y ago

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Related Questions

What does the word insufficient mean?

It means not enough. E.g. The man couldn't get any cash from the machine as he had insufficient funds in his bank account.


What are two reasons why a bank may dishonour a cheque?

Improper endorsement; insufficient funds.


Will the bank charge your account with insufficient fund if date the check was written funds were not available but when the check arrived at the bank the funds were there?

Some bank do charge and some don't. Bank of America do. Bank of America also charge insufficient even you make deposit to cover the check on a same day before 5 pm.


What is insufficient mandate that can cause cheque to be dishonoured?

Insufficient mandate on a cheque usually means that the bank does not honor cheques written from the bank that the refused cheque was drawn upon. Rarely it means that there were insufficient funds available or that there were insufficient signatures on the check for it to be honored.


Can a creditor garnish your bank account if joint with another person?

no


What does CHGBK mean on your bank statement?

The term CHGBK on a bank statement means a chargeback. A chargeback can occur when a check is returned to the bank for insufficient funds.


Can a creditor garnishment my bank account when all the money in it is Federal annuity?

yes, i creditor can garnish a bank account to $0 regardless of where the funds in the account came from


How does overdraft protection help you avoid costly fees and penalties for insufficient funds in your bank account?

Overdraft protection is a service offered by banks that allows you to make transactions even if you have insufficient funds in your account. This helps you avoid costly fees and penalties that may be charged for bouncing checks or having insufficient funds. With overdraft protection, the bank covers the transaction for you, usually for a fee, so you can avoid these extra charges.


Can a bank cash a check in an account that has insufficient funds?

You could, but they may use the amount from the check(s) you gave them to cover the insufficient funds you may owe on the account. Unless you make a deposit prior to cashing the check(s) in.


Can a bank reject a wire transfer?

Yes, a bank can reject a wire transfer if there are concerns about fraud, insufficient funds, incorrect information, or if the transaction violates the bank's policies or regulations.


Do debit cards keep you from overdrawing your bank account?

Yes. Your card will not be accepted if there are insufficient funds in your account to meet the charge.


How do I know if a check bounced?

You will know if a check bounced when the bank notifies you that the payment was not processed due to insufficient funds in the account.