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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

What is 4 way diversity of Huawei RBS 3102?

RBS 3102 is Ericsson BTS for 3G.

4 Way diversity for this BTS means that two BTSs are crossconnected to each other and they both have two Rx branches, so in total there are 4 Rx branches on the antenna.

RBS 3102 is Ericsson BTS for 3G.

4 Way diversity for this BTS means that two BTSs are crossconnected to each other and they both have two Rx branches, so in total there are 4 Rx branches on the antenna.

When is last date for form SY Bcom?

I want to know when are the form going to fill up of s.y. B.com and which is the last date

What is current cash reserve ratio?

The current cash reserve ratio (CRR) in India set by the RBI is 5% as on 21st august, 2009.

What is Abu Dhabi Commercial Bank's motto?

Founded in 1985, Abu Dhabi Commercial Bank provides retail, commercial, Islamic banking and other financial services. The bank operates through the following business divisions: customer banking, wholesale banking, investment and treasury banking and property management.

The bank employs 5,000 employees and is headquartered in Abu Dhabi. It serves customers through a network of 722 branches and about 450 ATMs in the UAE.

What is ment by vostro account?

Vostro Account: Account held by a foreign bank in a domestic bank is called vostroaccount. For example UBS of Switzerland opening an account in SBI in India, this isvostro account for SBI India.

How you know about level of DFD?

The simples form of DFDs are Conntext Level Diagrams. They only show mian processes, related entities and data flow. Then it comes level o diagrams which are more detailed for a single process. Finally it comes detailed diagrams for the entire systems and their links

What does wfn pbp wfn web pmt stand for?

It's a web payment that you made to a store credit card (ex. Best Buy, Express, Victoria's Secret, Macy's, etc...)

It stands for World Financial Network (National Bank) Pay By Phone; World Financial Newtork Web Payment

Why do companies enter foreign market?

ÒGain access to new customers

ÒAchieve lower costs and enhance competitiveness

ÒCapitalize on core competencies

ÒSpread business risk across wider market base

ÒObtain access to valuable natural resources

What percentage of Americans have bank accounts?

7.7% households or 17 million households according to this 2010 article from DailyFinance http://www.dailyfinance.com/2010/10/13/living-without-a-bank-account/

How do i find the excess reserves?

To find excess reserves, first determine a bank's total reserves, which includes both required reserves and any additional reserves held. Then, identify the required reserves, calculated as a percentage of the bank's deposits based on regulatory requirements. Subtract the required reserves from the total reserves; the remaining amount is the excess reserves. Formulaically, it can be expressed as: Excess Reserves = Total Reserves - Required Reserves.

What is the penalty for writing a check on a closed account and how long does the issuer have to make restitution?

Do you mean criminal penalty, or civil? If you are asking about a criminal situtation, and if the transaction took place in CA, then the offense could be a felony. You could be sentenced to prison for up to three years. The difference between a closed account and an NSF "check fraud" case is that many, many people write nsf checks without knowing that their accounts were too low. In the situation you are asking about, a person would presumably know that his account was closed when he wrote the check. Therefore, he had the criminal intent to defraud. So, the penalty on the closed account: possible prison. Penalty on the NSF account: if check fraud was not involved, then I suppose the usual returned check fee from the bank and the fee from the merchant.

A creditor wants to levy my account but i receive ssi payments in my account. can they levy my account?

Only the State and Federal governments are able to levy your bank account directly. Creditors are generally not entitled to money you have in your bank account (either directly or indirectly) but can get a Judgment against you in which case some kind of garnishment could possibly be established. The fact that the money is SSI may not matter in the end.

What are the factors that discourage commercial banks involvement in informal economic activities?

Since federally insured banks are regulated by various levels of federal regulators and auditors/examiners, all banks must abide by uniform laws and as such any economic activity must be formally documented.

Generally local games of chance, lotteries and that sort of thing are generally not bankable. Although, Chase Bank provided the financing to start the Oklahoma Lottery and other similar large scale games of chance.

How can you find your BSB - Bank State Branch - in Australia?

In Australia BSB stands for Bank/State/Branch

* The first 2 digits are Bank (NAB is 08, ANZ 01, Commonwealth 06, etc.), * The 3rd digit is the state, (2 for NSW, 3 for Vic, 4 for Qld, etc.) * The last 3 are branch identifier for the Bank. See the links below to search for a BSB.

The "Search Australian BSBs" is the easiest and is updated via bank data so is usually accurate.

(Haven't found a search page for St George, Bank SA, or BankWest yet. NAB tells me they have no website that will provide the BSBs.)

Does anyone have a ty.com account?

I have a ty.com account. I will trade you my Beanie Babies account if you give me a Ty Girlz code or account. I have an Ty Girlz account but I forgot the password! But soon I'm getting a Ty Girlz and I will use that code to create another account. I wish I could just remember my login again!=[

What is the meaning of truncated?

cut short in duration

cut short in duration

In computer and IT domain, it also means that the something (for example: files) is made smaller in size POTATO