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Commercial Bank and Checking Accounts

Checking accounts are deposit accounts that allow customers to deposit or withdraw any amount of money, subject to funds’ availability. Most commercial banks offer checking accounts to both individuals and companies.

3,404 Questions

Would idle cash in a bank checking account classified as a short term investment?

No, idle cash in a bank checking account is not considered a short-term investment. It is simply cash that is not being actively used or invested. Short-term investments typically refer to assets that are expected to be converted into cash within a year, such as Treasury bills or money market funds.

What other company will allow someone open a checking account other than a Bank?

Some companies that will allow one to open a checking account other than a bank are: Think Money, First Direct, Second Chance Checking Account, Post Office Account, Cash Plus, eccount Money, Secure Trust Bank.

Can tellers at a bank access any checking account in the nation by a persons name?

No, bank tellers are typically only able to acccess accounts held at their own institution, e.g. Bank of America tellers can only access Bank of America accounts. Furthermore, at all banks, simply accessing accounts for the sake of accessing accounts is prohibited - the teller must have a business reason to access the account.

How do you know if the IRS has a lien against your checking account?

To determine if the IRS has placed a lien on your checking account, you can check your account statements for any levy or seizure notices from the IRS. Additionally, you may receive a Notice of Federal Tax Lien (NFTL) in the mail. It is advisable to contact the IRS directly or consult with a tax professional for accurate information and guidance.

How can i logon to my checking account with regions bank?

To log in to your Regions Bank checking account, visit the official Regions Bank website. Look for the "Log In" or "Sign In" button on the homepage, usually located at the top right corner. Click on it and enter your username and password to access your account. If you haven't registered yet, click on the "Enroll" or "Sign Up" option to create your online banking profile.

What types of bank accounts are presently available on the money market?

There are several types of bank accounts available on the money market, including savings accounts, checking accounts, money market accounts (MMA), and certificates of deposit (CDs). Savings accounts offer a higher interest rate than regular checking accounts and are typically used for long-term savings goals. MMAs offer a higher interest rate than traditional savings accounts but may require a higher minimum deposit. CDs are time deposits that lock in the invested funds for a set period with a fixed interest rate.

What type of serice do banks have with an checking account?

Most banks offer the following services along with a checking account to its customers.

  1. ATM/Debit card
  2. Check book
  3. A passbook or monthly statement
  4. Online banking
  5. Telephone banking

Can a person be on a checking account for deposit only but can not write check on the account?

Really? Is this a serious question? From my experience anyone can make a deposit into a checking account. All they need is the account number, nothing more. Endorsing the check to be deposited with "For Deposit Only," filling out a deposit check and handing it to a teller will do the trick. Never have I been asked for identification when depositing money into an account.

What are the various types of bank accounts?

* Savings Account/Checking Account

* Current Account * Fixed/Time Deposits * Recurring Deposits

Can I use the mobile banking app to make banking transactions of my smartphone?

Yes, most banks today support mobile banking. All you need to do is download those mobile banking apps and get a username and password and do varied transactions on it. You can deposit, transfer and also pay bills.

Advantages and disadvantages of mobile banking?

the advantage of m-commerce is: 1- providing wider reach. 2- reducing transaction cost 3- streamline business processes. 4- competitive pricing. 5- reducing time to order. The disadvantages of m-commerce. 1- small screens of most devices still limit types of file and data transfer (i.e. streaming videos, etc.) 2- standards guiding applications and technology development and connection(s) 3- WAP and SMS limited to small number of characters and text. 4- use of graphics limited 5- less functionality for mobile Internet over mobile phones and existing generation of handhelds than for mobile computers (laptops and next generation handhelds) 6- user interface is often difficult to learn how to use 7- limited bandwidth 8- limited roll out of higher bandwidth mobile networks and devices (i.e. 3g networks and wireless broadband networks are predominantly located in cities) 9- cost of establishing mobile and wireless broadband infrastructure 10- technology constraints of mobile devices (memory, processing power, display capabilities, input methods) 11- security of data moved across some mobile and wireless networks 12- businesses investment in hardware and infrastructure is seen as riskier as rapid evolution of mobile and wireless technologies continues.

What is the phone number of Deutsche Postbank AG Kontofuehrung Ausland Detroit MI?

Neither Deutsche Post AG nor Deutsche Bank AG has a physical branch in Detroit, Michigan. The nearest Deutsche Bank AG branch to Detroit would be 222 South Riverside Plaza, 26th Floor, 60606 Chicago, Illinois, phone number +1 (312) 537 3500 for their private wealth management, non-corporate clients.

How can you open my old Friendster account?

well first you have to type in your old stuff like your email and password...then there might be a button the says reactivate or not but anyways that how you do it!

How do you get an account?

Why it's quite simple my friend, you simply press the create acount button next to the ask anser button!

What is the BSB for the commonwealth bank town-hall branch?

Penrith

BSB: 062589

384-386 High Street Branch

Penrith Plaza

BSB: 062445

Shops 76-77, Penrith Plaza Shopping Centre, Riley Street Branch

St Marys

BSB: 062597

Shop 2, 72 Queen Street Branch

Blaxland

BSB: 062640

134 Great Western Highway Branch

St Clair

BSB: 062453

Shop 09a, St Clair Shopping Centre Branch