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What is the difference in counter deposit and deposit?
A counter deposit is made using a blank deposit slip furnished by the bank - the depositor has to write in their own name and account number. A deposit is typically made with a pre-printed deposit slip that the depositor brings to the bank with them.
Can you deposit a check that is endorsed into your bank account that is not made out to you?
No.
If you owe money at a bank can they still seize funds if you deposit a check from someone who also holds an account there into your checking account at a different bank?
To clarify, I owe money at US Bank for a defaulted credit card with them. I have a TCF checking account. If I try to deposit a check made payable to me, and that check happens to be a US Bank check, can US Bank seize the check made payable to me even if I deposit it into my TCF checking account? Not sure if they will see that US Bank funds are made payable to me from someone else's account. Any insight would help! Thanks!
Why would a bank reject a deposit?
A bank may reject a deposit if the amount exceeds the customer's daily limit, if the funds are from suspicious sources, if the account is inactive, or if the deposit is made outside of business hours.
What are special deposits?
it nnis a special deposit made with a bank for safe-keeping.
What do you do if you have made a large deposit and the bank entered a lesser amount then what you deposited?
CRY
What is the verb for deposit?
Deposit is both a noun and a verb. She made a deposit at the bank. (noun) She was able to deposit the money at the bank. (verb)
What is the difference in counter deposit and deposit?
A counter deposit is made using a blank deposit slip furnished by the bank - the depositor has to write in their own name and account number. A deposit is typically made with a pre-printed deposit slip that the depositor brings to the bank with them.
What is an NRI deposit?
An NRI deposit is a deposit made by a non resident Indian, a special deposit service available at DBS bank. With DBS bank, get all the financial help you need.
Can you deposit a check that is endorsed into your bank account that is not made out to you?
No.
Difference in deposit and remit?
I think it's all how you use it in a sentence; example, "I made a deposit at the bank" or "you can remit your deposit to the bank". I could be wrong but that's my understanding.
If you owe money at a bank can they still seize funds if you deposit a check from someone who also holds an account there into your checking account at a different bank?
To clarify, I owe money at US Bank for a defaulted credit card with them. I have a TCF checking account. If I try to deposit a check made payable to me, and that check happens to be a US Bank check, can US Bank seize the check made payable to me even if I deposit it into my TCF checking account? Not sure if they will see that US Bank funds are made payable to me from someone else's account. Any insight would help! Thanks!
Why would a bank reject a deposit?
A bank may reject a deposit if the amount exceeds the customer's daily limit, if the funds are from suspicious sources, if the account is inactive, or if the deposit is made outside of business hours.
What are special deposits?
it nnis a special deposit made with a bank for safe-keeping.
Does mobile deposit count as a direct deposit for my account?
Mobile deposit typically does not count as a direct deposit for most bank accounts. Direct deposit usually refers to a payment made directly from an employer or government agency into your account. It's best to check with your bank to confirm their specific policies.
What is the maximum amount of cash you can deposit in a bank?
Banks will accept any amount if you deposit it. However any cash deposit made over $10,000 will be reported to the IRS.
What is the purpose of a direct deposit form?
The purpose of a direct deposit form it to allow payments to be made directly to one's bank account. This is a common method used in larger corporations for direct deposit of one's earnings into a personal bank account.
