I had the same problem, it is as scam site. If you entered ever your bank details on a comparison site for insurances, loans etc. They took your details from there. I never check my bank statements like you should. They had took it out for 7 months 2 or 3x a month. My bank refunded it all when I complained its fraud and they will keep taking unless you go complain. By the way, my bank told me they class themseleves under merchant business betting. If you Google it there are lots more with the same
Withdrawing money means taking money out of an account, while depositing money means putting money into an account.
Yes
Yes, when you withdraw money from a bank account or ATM, you are taking out cash from that account. This process reduces your account balance by the amount of money you withdraw. The cash you receive is then yours to use as you wish.
Generally yes but remember that you are putting the money into THEIR account and they can spend the money that you deposited for any reason and you have no recourse because it is THEIR money.
Taking out a 401k loan can reduce the overall balance of your retirement account because you are borrowing money from your own savings, which means there will be less money invested for your future retirement. This can potentially slow down the growth of your retirement savings and impact your long-term financial goals.
taking out money from your bank account because you want to use the money.
because im ligit like that
Withdrawing money means taking money out of an account, while depositing money means putting money into an account.
Yes
Generally yes but remember that you are putting the money into THEIR account and they can spend the money that you deposited for any reason and you have no recourse because it is THEIR money.
You can't if you owe the creditors
If you owe money to the bank they are entitled to withdraw it from any monies deposited into your account.
Taking out a 401k loan can reduce the overall balance of your retirement account because you are borrowing money from your own savings, which means there will be less money invested for your future retirement. This can potentially slow down the growth of your retirement savings and impact your long-term financial goals.
The opposite of "deposit" is "withdraw." Deposit involves putting money into an account or storage, whereas withdraw involves taking money out of an account or storage.
If bmach is taking money out of your account, it could be due to a subscription, service fee, or recurring payment you may have authorized. It's also possible that there was an error or unauthorized transaction. I recommend checking your account statements for details and contacting your bank or bmach's customer service for clarification.
They can close your account because of inactivity but they cannot take your money. If you go to them and submit a written request, they are legally bound to return your money. And, that is if, there is anything left in your account after subtracting the charges the bank may charge you for keeping your account inactive.
No, the money isn't taxed because it is already in the hands of the people on the account. As a person on the account you only need to withdraw the money.