If I'm a signer on my mom's bank account can a bank take her money to pay my past due credit card balance?
5 working days. If you pay it in after 6pm it counts as the next working day
Speaking from personal experience, they will take the money from the bank account that you signed up with regardless if the money is in there to cover it or not. If there is not enough money in the account then you will owe the bank money. If you don't pay the bank long enough they will take you to court, and you wont be able to open another bank account for a little while.
Yes if you cannot pay for it
If a person fails to pay their overdraft fees for their bank account, the bank can take the person to court. If the person is taken to court, they may have to pay more fines and court costs.
very long time
A bank giro credit is a payment where the customer instructs their bank to transfer funds directly to the beneficiary's bank account. Businesses and consumers alike use bank giro transfer payments to pay invoices (for "Open Invoice" Billing) or to send payment in advance for products ordered. Many companies enclose a convenient, pre-printed transfer form with their invoice or order form, which the customer can use to make the transfer with no mistakes. It is also possible to accept bank transfer payments by simply printing country-relevant bank account details on each invoice.
A bank giro credit is a payment where the customer instructs their bank to transfer funds directly to the beneficiary's bank account. Businesses and consumers alike use bank giro transfer payments to pay invoices (for "Open Invoice" Billing) or to send payment in advance for products ordered. Many companies enclose a convenient, pre-printed transfer form with their invoice or order form, which the customer can use to make the transfer with no mistakes. It is also possible to accept bank transfer payments by simply printing country-relevant bank account details on each invoice.
how long does it take a western union speed pay by check take to clear bank account of payor
Depends on your bank's perticular policies, however usually it should take 24hrs to clear.
If I'm a signer on my mom's bank account can a bank take her money to pay my past due credit card balance?
5 working days. If you pay it in after 6pm it counts as the next working day
Speaking from personal experience, they will take the money from the bank account that you signed up with regardless if the money is in there to cover it or not. If there is not enough money in the account then you will owe the bank money. If you don't pay the bank long enough they will take you to court, and you wont be able to open another bank account for a little while.
no
Yes if you cannot pay for it
If a person fails to pay their overdraft fees for their bank account, the bank can take the person to court. If the person is taken to court, they may have to pay more fines and court costs.
If you take a loan from the bank, then you become an asset to the bank. That is because, you owe money to the bank and the bank has all rights to take the money and the interest that you are supposed to pay for the loan from you. So any kind of money that is to be received by anyone is an asset and so similarly, a loan that people will pay back to the bank will be an asset to the bank.