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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 the branch code for standard bank Sanridge branch in Midrand Joburg?
Sanridge branch, midrand
What are leasing journal entries?
Leasing journal entries are the entries made in the accounting journals of both lessor and lessee to account for the expense or income of a lease. An example would be leasing of business equipment. The lessor would enter a credit in rent revenue and a debit in cash, while the lessee would enter a credit in cash and a debit in rent expense.
That's at the discretion of the party who won the lawsuit and had the judgment enforced. In general creditors are only open to a settlement/payment agreement before a lawsuit is undertaken.
The advantages and disadvantages of automatic teller machine?
Advantages are that with ATMs you can withdraw you money anytime, [ii]they are located outside the bank hall for with drawers of cash, [iii]they listen and follow instructions from the host, [iv]these save time and involves less paperwork, [v]they operate 24hours, [vi] these use pin for security thus they are safe.
Disadvantages
[i] they are not safe since they are located outside the bankhall, [ii] if one forgets the pin number he or she will not be able to withdraw money from their accounts, [iii] if one makes mistakes three times in entering the pin number the card will be swallowed down the machine and it takes time to retrieve it.Can they repossess your car if your bank account is in the minus?
To my knowledge, the lender can ONLY repo when the loan is in DEFAULT. Does your acct. being minus put you in default????
Yes, just call the bank of issue, tell the to verify funds for the amount of the check. I do this all the time.
Is checking account statement mandatory?
Yes. It is mandatory. The bank is supposed to send a periodic statement to its customer to ensure that the customer can keep track of what is happening in their bank account. However, if it is a passbook account, an account where the bank issues a passbook for the account, sending statements is not mandatory because the customer already has a book that contains those details.
Which type of checking account charges a small fee for every check that clears the account?
Cost-per-check account
NAV stands for Net Asset Value. It is the net value of all the assets that are owned under a particular mutual fund scheme on a per unit basis. For example if a mutual fund has 1 lakh in funds value with 10,000 units, the NAV will be Rs. 10 per unit. This way, if we multiple 10 * 10000 we will get 1 lakh which is the net value of all assets under the MF scheme.
What does GC 1216 mean on a bank statement?
It means a deposit transaction by using TD bank access card at counter, at the location of the corner of Bay St and Queen St W.
Can your sister legally take your moms money out when you both were on it?
Can my sister legally take my moms checking and savings out when we were both executors
Who is a bank account holder 128610036966?
Unless it's you (in which case you'd already know) or you're a bank employee (in which case ditto), it's none of your business who it belongs to.
what u mean swift bic how we have to know about that swift bic
How do you can check your account in the bank of china?
Dear
how can i check my account on line ?
my account is in china BANK OF CHINA guangzhou branch
Best regards
Nemat
First fidelity tax and insurance offers bogus promo rates not offered by banks?
they offer fake rates not offered by any bank they buy up the rate.and limit the deposit to 10,000.00 and do not disclose that in there ads .the FDIC has warned banks to not accept
these type of deposits.Go to the FDIC website and look for youself.
Can department of work and pensions look into your bank account?
can the department for work and pensions look in your bank account
Do you need a president's signature to open a bank account for non profit organization?
You need the officers of the organization . Check the by laws.
Why does banks focus on current accounts?
It is because,that is the only account they can use to generate fast money.not like saving account that they will be paying interest upon.so,you as a customer,will be charged some interest for helping you keeping your money safe.
What is audio credit org on your bank statement?
An 'Audio Credit' is a cash deposit into a bank account before it has been fully processed.
Why does the bank freeze checking account after over 100k was deposited from overseas?
They do not have to let you have the funds until they have verified that the deposit is good. If the money came from any bank in the US, it should be available within 3 days, but for a deposit coming from a foreign country it could take a week or more. Homeland Security may also get involved if a large deposit comes from overseas.
What are the top ten banks in Pakistan?
National Bank of Pakistan, Habib Bank Limited, Muslim Commercial Bank, United BANK, Meezan Bank, Bank Alfallah, Standard Chartered, Allied Bank, Bank Fasial, Askari Bank, Islami, Sonheri Bank.
