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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

Can you do a wire transfer from a savings account?

If u want to transfer money go to ur bank with the account details of the beneficiary (the one u want to send the money to) and talk to someone, that will probably do the trick. Plus when ur there u can ask them if u can do it on internet, and post ur own answer!

What is the difference between a savings account and a checking account?

Checking accounts are used for frequent credits (deposits) and debits (withdrawls). Whereas a savings account follows the idea of a piggy bank, where one saves a bulk of money for exceptional circumstances or goals.

Can a bank close your account without notification?

I wouldn't think so, because the whole idea of a corporation is that it is a separate entity unto itself. Example: the shareholders/officers of the corporation are not personally liable for the debts of the corporation. Therefore, why would the corporation be liable for the debts of the officers/shareholders?

Can a wife sign the deceased husbands name and add hers underneath to cash a check?

Yes, if she is a joint account holder with him and the bank mandate permits only one signatory of the two.

Can a spouse hide credit card statements and checking account statements?

Yes they can, but all you have to do is call the credit card company with the Acc't # to find out what the balance is and they will even send you out a copy of the previous statement. If the bank account is in both your names then phone the bank to find out what the balance is and have them send you a recent statement of expenditures.

What happens to your savings and checking account when filing bankruptcy?

Bank accountsYou can generally keep both your checking and savings account when you file for bankruptcy. However, if you also have a loan with the bank and you intend to discharge it, then the bank will close your account. For example, say you have a savings account with your credit union. You also have a signature loan with the credit union. If you file for Chapter 7 Bankruptcy and do not reaffirm (sign an agreement that you will keep account and continue to pay under original terms) this loan, the credit union will be losing money, so they will no longer provide services to you.

More opinions:

Chap. 7 gives you several options when you deal with your cash accounts. Roughly speaking, you can keep $4,000. Any more than that will be taken by the court to pay your bills.

Cor c source code for Bank Management System?

code]

//***********************************************************************//

//***********************************************************************//

//******COMPUTERISED BANKING SYSTEM BY ****//

//Declaration of header files

#include <iostream.h>

#include <fstream.h>

#include <process.h>

#include <string.h>

#include <stdio.h>

#include <ctype.h>

#include <conio.h>

#include <dos.h>

#include <stdlib.h>

#include <iomanip.h>

#include <graphics.h>

typedef char option[15];

const int ROW = 10,COL = 10;

int scan;

// To hold the special characters for moving the prompt in menu

int ascii;

// To display the main menu options

option a[]= {

"NewAccount",

"ListofAccounts",

"IndAccount",

"DailyTrans",

"MonthlyReport",

"EditAccount",

"Exit"};

// Displays the modify menu options

option b[] = {

"Modify Account",

"Closeaccount",

"Quit"

};

// Function used to do screening

class main_menu

{

int i,done;

public:

void normalvideo(int x,int y,char *str);

void reversevideo(int x,int y,char *str);

void box(int x1,int y1,int x2,int y2);

char menu();

void control_menu();

char e_menu();

void edit_menu();

void help(void);

};

/* Class member functions for drawing boxes */

class shape

{

public:

void line_hor(int, int, int, char);

void line_ver(int, int, int, char);

void box(int, int, int, int, char);

};

// Class contains the initial deposit of customers

class initial

{

public:

void add_to_file(int, char t_name[30], char t_address[30], float); // For initial deposits in customers account

void display_list(void); // Displaying customers account list

void delete_account(int); // Deleting customers account

void update_balance(int, char t_name[30], char t_address[30], float); // For updating the customer account

void modify(void); // To modify the customer account information

int last_accno(void); // To know the last account number

int found_account(int); // To found the account is in "INITIAL.dat" or not

char *return_name(int); // Function for validation entry of customer name

char *return_address(int); // Function for validation entry of customer address

float give_balance(int); // To print the balance amount of a particular customer

int recordno(int);

void display(int); // To display the customer account

private:

void modify_account(int, char t_name[30], char t_address[30]); // Function to modify the customer account

int accno;

char name[30], address[30];

float balance;

};

// Class contains the customers daily transaction entry

class account

{

public:

void new_account(void); // Function to create a new account

void close_account(void); // Function to close an account

void display_account(void); // Function to display the accounts

void transaction(void); // To display the transaction process

void clear(int, int); // Function to perform a clear screen function

void month_report(void); // Function to list monthWise transaction report

private:

void add_to_file(int, int, int, int, char, char t_type[10], float, float, float);

// Function to add transaction records

void delete_account(int); // Function to delete a transaction record

int no_of_days(int, int, int, int, int, int); // Function to find the total days

float calculate_interest(int, float);

// Function for calculating interest of anaccount

void display(int); // Function to display a transaction account

void box_for_display(int); // Function for displaying box

int accno;

char type[10]; // Account type as Cheque or Cash

int dd, mm, yy; // To store the system date/ Enter date

char tran; // As the account type is Deposit or Withdraw

float interest, amount, balance;

};

// Function to displays all the menu prompt messages from the pointer array of option a[]

void main_menu::normalvideo(int x,int y,char *str)

{

gotoxy(x,y);

cprintf("%s",str);

}

// Function to move the cursor on the menu prompt with a reverse video color

void main_menu::reversevideo(int x,int y,char *str)

{

textcolor(5+143);

textbackground(WHITE);

gotoxy(x,y);

cprintf("%s",str);

textcolor(GREEN);

textbackground(BLACK);

}

void main_menu::box(int x1,int y1,int x2,int y2)

{

for(int col=x1;col<x2;col++)

{

gotoxy(col,y1);

cprintf("%c",196);

gotoxy(col,y2);

cprintf("%c",196);

}

for(int row=y1;row<y2;row++)

{

gotoxy(x1,row);

cprintf("%c",179);

gotoxy(x2,row);

cprintf("%c",179);

}

gotoxy(x1,y1);

cprintf("%c",218);

gotoxy(x1,y2);

cprintf("%c",192);

gotoxy(x2,y1);

cprintf("%c",191);

gotoxy(x2,y2);

cprintf("%c",217);

}

char main_menu::menu()

{

clrscr();

textcolor(22);

box(20, 6, 65, 20);

box(18, 4, 67, 22);

textcolor(5+143);

gotoxy(36, 5);

textbackground(BLUE);

cprintf("B A N K I N G");

textbackground(BLACK);

textcolor(22);

for(i = 1; i < 7; i++)

normalvideo(32, i+10, a[i]);

reversevideo(32, 10, a[0]);

i = done = 0;

_setcursortype(_NOCURSOR);

do

{

int key = getch();

switch (key)

{

case 00:

key = getch();

switch (key)

{

case 72:

normalvideo(32, i+10, a[i]);

i--;

if (i '0')

return;

if (strlen(t_address) > 25)

{<br

What banks in atlanta Georgia that offer second chance banking?

Best Bank. They have only a few locations in Atlanta area. And if you go negative there is a $28 dollar a day charge for 14 days. It really stinks.

How do you access an account if you have to more than one account?

You can access multiple accounts by logging out of the current account and logging into the desired account with the corresponding login credentials (e.g. email address and pass. Some applications and websites also have the option to switch between accounts without logging out, such as a button or drop-down menu that allows you to switch between different accounts.

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What is address to mail deposit to Chase Bank account?

Oh, dude, you're really into snail mail, huh? Okay, so to mail a deposit to your Chase Bank account, you'll need to send it to the specific address provided on your deposit slip or on the Chase website. Make sure you include your account number and any necessary details to ensure it gets credited to your account. And hey, maybe consider online banking next time, it's like, so much easier.

What does CAP mean on a bank statement?

The term "CAP" on a bank statement can have different meanings depending on the context and the specific bank. Here are five of the most common meanings of "CAP" on a bank statement:

1.Capitation: This refers to a fee that is charged by a healthcare provider or insurance company for each person enrolled in a particular plan.

2.Capitalization: This refers to the process of adding unpaid interest to the principal balance of a loan, which can increase the total amount owed.

3.Cardholder Activity Program: This refers to a program offered by some banks that rewards customers for using their debit or credit cards for transactions.

4.Cash Advance Program: This refers to a service offered by some banks that allows customers to withdraw cash from their credit card accounts.

5.Cash Advance Pending: This refers to a pending cash advance transaction that has not yet been completed.

It's important to note that these are just some of the possible meanings of "CAP" on a bank statement, and the exact meaning may vary depending on the bank and the context. If you are unsure about a particular transaction on your bank statement, it's always best to contact your bank directly for clarification.

How can you filter the list of transactions?

There are several ways to filter a list of transactions, depending on the type of data and the desired output. Some common methods include using conditional statements to check the values of certain fields, such as the date or amount of the transaction, and then including or excluding those transactions that meet or do not meet the specified conditions. Another approach is to use built-in filter or search functions, such as those found in spreadsheet or database software, to quickly and easily sort and organize the data based on specific criteria. Additionally, you can use a programming languages with specific libraries to filter the data in more complex ways.

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What are the primary dealers the central bank uses in Uganda?

Stanbic, Standard Chartered, Centenary, DFCU, Barclays bank, Baroda and Crane bank.

seven banks

How can you learn about the Universal Commercial Code?

The code is correctly named Uniform Commercial Code. It was developed in order to promote interstate commerce at a time in our country's history when commercial laws varied widely by state. While it's true that each state must adopt their own version of the code, the result of this effort has made doing business across the country extremely predictable due to the uniformityof the state laws.

UCC laws are a collection of statutes adopted by all state legislatures. They are very complicated, ever changing and the application varies depending upon how they are interpreted in the circumstances of individual cases. A search similar to "name of state" UCC laws, will result in discovering how such laws are implemented in the interested party's state of residency.

What are the types of abuse cases are taken into account when being emancipated?

all kinds. but you have to have proof no he said she said if it phycial take picture right after and a few days later and then a few days later till it goes away. if it is sexual go to the hospital rigth after it happens

What are the similarities between a current account and a savings account?

Similarities between current accounts and savings accounts would be:

a. They both accept deposits

b. You can withdraw money from both accounts

c. You get an ATM card for both accounts

d. You get a cheque book for both accounts

e. You get a bank passbook for both accounts

f. You get internet banking for both accounts

The differences are:

a. You get little or no interest in checking accounts whereas you get a small interest for savings accounts

b. There are limitations about the number of transactions you can have in a savings account but there are no limits on the number of transactions for current accounts.

Can one owner close a joint savings account?

I think it depends on the institution, But as an employee of scotiabank, YES.

Either one of the people (primary, or secondary) can close the account. Actually this is the only way to take someone's name off of a joint account as well. It has to be closed and reopened as a sole accounts for both parties.

What is the difference between manual and automatic control?

Manual control means that it is controlled by humans, and automatic is it will work on its own. An example is a car's transmission. With manual transmission, you have to tell the car what gear to use. With automatic transmission, the car figures out what gear to use on its own by monitering factors such as RPM.

Can you put a business cheque into your personal account until your business account opens the cheque is made out to the company you are the director?

NO! Absolutely not! It's called Co-mingling of funds. If you werein real estate, you could loose your license. There are some FEDERAL guidelines and laws about this subject. I unfortunately can't recall the exact law for this. All I can say is just don't do it.

How do I compute predetermined overhead rate as a percentage of direct labor costs?

Predetermined overhead rate = Est. total Manuf. Overhead Cost / Est. total amt of allocation base

In this case, allocation base would be direct labor (as opposed to machine labor).

Hope this helps