Commercial Bank and Checking Accounts

A good salesman will have good people skills - a good personality, friendly, the ability to communicate effectively and be a good listener. He needs to be knowledgeable about his products and be able to explain the features and benefits of what he is selling. He needs to be able to answer questions and overcome objections. He needs to know when is the right time to ask for the sale and he needs to follow-up with potential customers.

http://personal.fidelity.com/global/search/inquira/resultsindex.shtml?question=checksmart

ING Direct is my favorite. I love their ease of use, advanced functionality and higher than average interest rate. See the link below.

My mother-in-law has policy documents for Royal Co-Operative Collecting Society and the

Stamford Mutual Insurance Company Limited.

According to another Wiki answer the "policies for both of these companies are administered by Phoenix Life Limited, Policyholder Services, PO Box 30, Liverpool, L69 3HS."

If she was not on the account the bank should not have done any of this in the first place. You should check with your bank and as well as speak with a lawyer to see where you go from here. See the Bank Manager about them getting the money back from her and sue the bank! She had no right to change anything about the account if her name was not on it.

Depreciation expense can be allocated to Administrative Expense or Selling & Marketing Expense or even to Cost Of Goods Sold. The amount of allocation and how that is done is specific to the type of business or industry.

Negative collected balance is a term used in accounting to describe accounts that are cannot be collected on. This means that they have tried several times to collect the balance and have been unsuccessful.

Yes, Universal banking is commercial banking itself. However, Universal bank does more than a commercial bank. Universal Bank are what we call the "expanded commercial bank" (EK). Commercial banks are limited to allied banking only whereas a universal bank does allied and non-allied banking transactions.

Please differentiate for me the following types of cash books. * Three column cash book * Analytical petty cash book * the imprest system of betty cash * posting petty cash to the ledger Looking forward for your assistance. Thank you. A three columnar cash book is that which consists of three columns Cash, Bank and Discount Date Particulars L.F. Cash Bank Discount Date Particulars L.F. Cash Bank Discount 2 sides Debit (left) Credit (Right)

Ledger balances are those listed on the bank's books, while collected balances equal ledger balances minus float associated with the account.

Kindly refer to the attached below.

Regulation CC applies to all banks & credit unions, but it only applies to transaction accounts. Nontransaction accounts, such as savings accounts, CDs, share accounts or membership accounts, are not governed by Reg. CC. So Regulation CC does not apply to them; only to checking accounts.

no

Yes, it's possible, especially when you owe banks alot of money, or are charged with graft or corruption.

Money market accounts (MMAs) are a form of savings account that resemble checking accounts in several ways.

Inoperative statements is a euphemism for lies.

If the check says you or the other person. If the check is made out to you and the other person both of you need to sign it.

Passbook savings account is the savings account where all record of credits and debits, including deposits, withdrawals, and interest, are recorded on a passbook usually kept by the account holder. Passbooks are routinely updated with the necessary information by the bank. This type of account is well suited for those depositors who transact infrequently on their account and who don't have a need for a monthly statement.

Where did the cash come from? If it was from a customer: Debit Cash and Credit Sales. If it was from Lonnie, Debit Cash and Credit Loan Payable. If it was from an outstanding invoice, Debit Cash and Credit Accounts Receivable.

A tust is a fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary. A trust can be setup for a trustee of any age, and that age can be specified by the trustor. A custodial account is managed by an adult for a client who is considered a minor age 18-21 years old. Once the client reaches the legal age of their state of residence the account is taken over by the named account holder.

Depends on how your business is set up - sole proprietor, corporation, limited partnership, etc.

Go to the bank, fill out a withdrawal slip and take it to the teller.

Yes. Just deposit the check into your checking (or savings) account. Your bank will calculate the exchange rate between the two curencies, convert the foreign funds into your home currency, and credit your account with that amount. Banks being banks, (1) they may "hold" the deposit for a week or so to make sure that the foreign check clears (so they actually get their money); (2) they may charge a "fee" to process that foreign check (so that they actually get some more money) and (3) the exchange rate they quote to you might not be as good as what you read in the paper or online (so they actually get a bit more money).

It was 6 months. Check with any bank to be sure of the time limit.

Items needed for Bank Account; · Certificate of good standing · Qualify to do business in Ca · Articles of incorporation · Article of officers · Minutes of board meetings · Business entity information · Change of name · Tax id · bylaws

It's a joint account. "Not knowing" is about the worst defense in the world for anything.