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Banking

Banking is the process of engaging in the business of keeping money for savings and checking accounts, issuance of loans and credit, and the like. This is an industry that is strictly regulated by the government.

24,470 Questions

Is there a limit on how much money you can deposit into your account in a year's time?

No, there is no such limit. You may be required to report large cash deposits, and there is a limit to the federal deposit insurance, but there is no limit on how much money you can deposit per year.

What does bnkm on a bank statement mean?

This is an ATM withdrawal, Not sure of the exact bank. This could be HSBC ATM, but not sure.

Why do people go to bank?

People go to bank to do banking. Withdrawal of cash, deposition of cash or cheque and updating the pass book etc come under banking services.

If you save your SSI AND NOT SPEND IT WILL YOU GET IT TAKEN AWAY?

If you don't deposit your SSI checks or cash them, then yes the checks can be cancelled and the money would be lost. But if you deposit the money into your bank or cash the check and save the money, then no, the money cannot get taken away.

What is the market cap for Royal Bank Of Canada RY?

As of July 2014, the market cap for Royal Bank Of Canada (RY) is $106,423,014,244.32.

What is the market cap for HSBC Holdings plc HSBC?

As of July 2014, the market cap for HSBC Holdings plc (HSBC) is $200,773,829,831.68.

What is the market cap for J P Morgan Chase and Co JPM?

As of July 2014, the market cap for J P Morgan Chase & Co (JPM) is $223,941,454,660.07.

How much money did Saving Mr. Banks gross domestically?

Saving Mr. Banks grossed $83,299,761 in the domestic market.

An interest earning savings account with limited transactions privileges best defines which type of account?

An interest-earning savings account with limited transaction privileges is best defined as a "savings account." These accounts typically offer interest on deposits while restricting the number of withdrawals or transfers to a certain number per month, encouraging savings while still providing some liquidity. They are commonly used for short to medium-term savings goals.

Can you use mastercards in Bali in atms?

Yes, you can use MasterCard in ATMs in Bali. Most ATMs in popular tourist areas accept international cards, including MasterCard, allowing you to withdraw cash in Indonesian Rupiah. However, it's advisable to check with your bank about any foreign transaction fees and to notify them of your travel plans to avoid card issues. Always use ATMs located in secure areas, such as banks or major hotels, for safety.

How do you know if a transaction wtill needs your approval for us bank?

To determine if a transaction requires your approval for U.S. Bank, check your account settings or transaction limits within the online banking platform or mobile app. Typically, transactions above a certain threshold or those flagged for unusual activity may prompt for your approval. Additionally, you may receive notifications via email or text for transactions needing your review. If unsure, contact U.S. Bank customer service for specific guidance related to your account.

How does FATCA affect US citizens' savings accounts?

Offshore saving accounts of US citizen are affected. The balance and income of those accounts are reported to IRS for tax purpose

Is an ATM a vending machine?

Well sure it is! It "vends" money.

Check 1111 for 19.72 check 1112 for 9.50 and check 1113 for 35.00 have not cleared the bank what is the total amount of outstanding checks?

The total amount of outstanding checks is 64.22 is arises as a result of adding the amount of checks 1111, 1112 and 1113 which have not cleared.

Where is the Green Bank in Green Bank located?

The address of the Green Bank is: Rt. 28/92, Green Bank, 24944 0001

How can you check your savings account on bpi family savings bank online?

You have to find out how to do this and register to do it by contacting the bank.

Will I qualify under other financial officer noc 1114 for Canada's fsw program I work as a financial executive but not in a financial institution?

It is possible fr you to qualify under other financial officer noc 1114 for Canada's fsw program if you worked as a financial executive but not in a financial institution.

How long does it take to transfer money from bank of America to HSBC bank?

On average, it takes 3 to 5 days to effect an electronic money transfer from institution to institution. The exception would be if you just deposited a paper check in one bank and you want to transfer the funds to another bank--that could take 10 days or longer if your institution decides that it wants to wait until the check clears. I would advise you to check with your local bank to see what their check cashing/clearing policies are.

What banks does the US Treasury Department examine each year?

The banks examined each year by the US Treasury Department are commercial banks and bank holding companies.

What is a check as it relates to banking?

A check is a paper instrument signed by one person authorizing the bank to pay to another person an amount of money from the signing persons account at the bank.