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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
How could you find transactions over 500 that still need approval?
In the search criteria area, select the > or = , type 500, and select Pending from the Approval status drop down list
Is there a certain amount of money required to keep the account open?
Most banks require a certain amount to open, and possibly to maintain, but one should check with their bank for specific requirements.
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What is a use of bin card in stock recording system?
A bin card is being used to keep a record of upcoming stocks from the godown and the outcome of new stocks and expiry date and renewal of a new product.
it can't be taught. you must know it in your heart and in your mind.
i dont know but i am trying to find out what a multi view point is, anybody know?
What is the term for money kept in a checking account?
A checking account is called a "demand deposit" because it is available for transfer to another individual or company by writing a check or draft.
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!
What types of services and products do commercial banks provide?
Banks provide the following:
1. A safe place to deposit your money which you can withdraw anytime you want for a small fee.
2. Bank can provide you with credit card+checks+debit cards.
3. Banks can provide certain organizations with individuals credit reports.
4. banks can offer people with loans for a variety of things, ex. house, cars, etc.
What types of services does TD Bank provide?
TD Bank is most likely known for it's investment products, namely brokerage accounts and IRAs. Of course, they also offer savings accounts, checking accounts, money markets, Certificates of Deposit, mortgages, and home equity loans. In addition, they offer a line of credit cards to consumers with good to excellent credit.
What is bank and kind of bank?
bank is a financial institution establish by the government with the sole aim of provding financial assesstance to there customers.it is also an intitution extablish for the safe keep of our valuable items such as gods,certificates,money,and also financial transaction of all kinds.
kinds of bank
1 blanclas bank
2 cental bank
3wold bank
How old do you need to be to open a saving account?
~A parent can start the savings account for you. It will be under your name though. But you cannot take money out or put money in yourself until you're 18.
As far as I am aware, all states would require, in the example provided, ABC Sales to register Cheap Widgets as a fictitious or DBA name with the state business filing office. Once that is done, all banks I have dealt with have no problem with depositing checks made out to either name, as both are names are lawful for the business to use in conducting its business.
Can you close a checking acc when you have a neg balance?
Can a checking account be closed when you have a neg balance
its a kind of a loan which is extended to let the importer sell the goods, title whereof remains with the financial institution, and forthwith deposit the proceeds with the loan extending Bank in discharge of the loan. The arrangement and loan is secured through the execution of a trust receipt.
In Ohio can a credit card company place a levy on the debtors checking account for unsecured debt?
No, not wthout the court's approval. They can take away your home, auto and asests with their approval though. I know of a person in Clevland that had a $300.00 debt with Capital One that ended up paying $900.00 for refusing to pay a debt. They took that from his payroll check.
