Commercial Bank and Checking Accounts

central bank does not accept deposit from customers whiles commercial bank does.

central bank is responsible for issuing of currencies whiles commercial bank does not.

central bank is accountable to the government whiles commercial bank is accountable to the share holders.

central bank is not set up for profit but commercial bank is set up for profit.

central bank is governed by an act of parliament whiles commercial bank is set up by an incorporation.

central bank formulate monetary policies whiles commercial bank does not.

bank A/C Dr To Share Applications A/C (APPLICATION MONEY FOR_____ SHARES@Rs _____per share received share application a/c Dr TO SHARE CAPITAL A/C (APPLICATIONS MONEY ON _____ SHARES AT Rs ____ PER SHARE ALLOTED AS PER DIRECTORS RESOLUTION NO____DATED____TRANSFERED TO SHARE CAPITAL

Not if the lawsuit is still going on, unless the lawsuit directly involves activity in that account. But until a creditor gets a judgment, it has no right to look at what you own for the simple reason that it has not yet proved that you owe anything.

According to the Federal Deposit Insurance Corporation (FDIC) as of March 31, 2014, there were 5,809 commercial banks and 921 savings institutions in the United States whose deposits are insured by the FDIC. The number of FDIC insured institutions has declined by almost 50 percent over the past two decades. As of year end 1994 there were 10,452 commercial banks and 2,152 savings institutions

how can i check my balance through my net while sitting in my office or home

the sole purpose of commercial banks is to make profits

A Debit is a transaction wherein money is debited or withdrawn or taken out from your bank account. For Ex: You use your ATM card to withdraw money from an ATM, this transaction will be reflected as Debit in your account because you have taken money from your account

Well there are several way's to check your account , first way is to go into the bank it self and go up to the window teller and ask (as far back as you wish) to see if there is any illegal or legal acitivity's done on your account , they WILL be able to tell you and they will also give you a print out of ALL your transactions done to your account , then there is the online banking , only if you have it , log on to your online account and look up account activity or account history , this will also tell you if there is any illegal or legal transactions done to your account , in online banking , you can also go as far back as you wish . I hope this was helpfull.

Your bank can deduct amounts from your own accounts for several reasons. If you cash a check that cannot be collected by the bank the bank will deduct the amount of the check from any of your accounts that has a balance. It can do the same if you overdraw one of your accounts. You gave the bank permission to do so when you opened your accounts. The bank can take bank fees from your account and also fees for check orders.

An Industrial bank is a financial institute with a limited scope of services. These services consist of selling certificates that are labeled as investment shares and also accept customer deposits. These banks are also known as Morris Banks or Industrial Loan Companies. A commercial bank provides services such as accepting deposits, business loans and auto loans, mortgage lending, and investment products like savings accounts and certificates of deposit.

The children in the Ally Bank commericals are not actors but children who thought they were being brought in to market research.

I disagree - the funny lil chubby guy grew up to be Brad - and he now works at capital city aviation.

www.capitalcityaviation.com

INCORRECT! The kid in the Ally Bank Commercial is named Pete Wiggins... He has also been in the Kaiser Permanente commercial (Kid Wisdom). He has appeared on the Ellen Degeneres show (cute little guy!), and you can look him up on IMDB, as well as visit his facebook page.

Actually All the kids are actors in Commercials and they were not told they were doing a market research. They new they were doing a commercial they just didn't know how the commercial was going to play out. But the parents and Gardians did.

1. E-banking promotes lack of socialising/social contacts 2. Hackers may intercept data and defraud customers 3. Phone bills can increase 4. Customers will be more vulnerable to phishing 5. Customers are compelled to have computers at home, Internet access and computers skills 6. Easier for customers to mismanage their accounts due to the 24-hour service that will be available

As of June 2014, 900,000 British pounds is the equivalent of 1,531,125.00 US dollars. To make the calculation, you need to use the conversion factor of 1 British pound sterling is approximately equal to 1.70 US dollars.

A current account is an account in which money or cheques can be taken out or payments can be made at any time.

A deposit account is an account in which money is placed and left for a period of time, and interest is earned.

A bank can still report to check systems, but they can NOT report a balance. If you included the account on your bankruptcy, they must change they amount owed to a zero balance. They can put a note saying it was in a bankruptcy though.

I should think so.

While you are protected from certain actions creditors may have been otherwise been able to take to collect the debt, Bankruptcy doesn't mean your actions are unreportable or your not responsible for them. (If anything, just the opposite, almost everything becomes of record, and you are responsible to do certain things or lose the protections granted).

Nor does BK change the reporting record of things that already happened...the history you make is the one you live with.

No. A bank account can be a checking or savings. It is the account in your name where you deposit and withdrawl funds from. A bank deposit is when you put money into the account either by you walking into the bank and handing them cash or a check and the bank teller processes it to be put into your account. They are two different things but they are related.

The check would first have to be endorsed, that is, signed, by the wife before being deposited. The endorsement is proof that the wife has agreed to this by signing the check over to her husband. An unendorsed check will not be accepted.

In your new area of residence you mean? I never bother until I am already moved in and settled. Checks from the old account work just fine, assuming you are leaving your old account open. Most people who take checks are more than willing to accept that you just moved and have yet to open a new account. They may ask you to cross out the old address and write a new one, or they may ask for your driver's license.

If you order checks without the address on them (you have to ask for this specifically) you can leave the account open and use the checks indefinately without hassle, especially now that most accessing of bank accounts is done online or electronically these days.

Banks that provide free online checking include Chase, Bank of America, Wells Fargo, Ally, State Farm, Capital One 360, Alliant Credit Union, Bank of Internet USA, Connexus, Incredible Bank, and PerkStreet Financial.

To check your account balance, go to your local bank and ask them to check it for you. They should be able to tell you what your account balance is. Otherwise, if that needs to be done online, log into your local bank's website and you should be able to check your account balance on your own.

Yes, as far as I know with English bank cards there is a 16 digit number across the front, the first four digits correspond with what kind of card it is ie Visa, Amex, Switch/Maestro, etc. The Sort Code, another 6 digit number, then corresponds more specifically to the bank at which your account is held. Hope that helps!

Not likely.

The other bank will likely have reported your activity to chex systems. I advise you pay off the old bank account before opening a new one. It is unlikely that you will be able to open a new account.