0
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
Yes. All Wills are probated to be sure that out-standing debts are paid off and what is left in the Estate will be divided amongst one or more heirs according to the directions by the deceased in the Will. All properties, monies (in Canada Mutual Funds and RIFS ... for the retired) are a separate issue. In the US an estate must be at least or more than the amount stated in the existing state statutes for it to be subject to probate. The exception is if the deceased owed debts, in which case any nonexempt property would be subject to probate distribution. If your mother died without a will you should look into the Petition/Order to Dispense w/Adminstration KRS 391.030, 395.455 & 396.095 - small estates can avoid probate in Kentucky
Is cash zone service center inc leagal to send checks out to people to cash?
cash zone service center inc. is this check good to cash.
Bank policy for checks deposited over 5000?
All banks have different policies and different accounts. Most banks will have a hold time on a check for a large amount.
Can you put money order in your checking banking account?
Yes, you can deposit a money order into your checking account, just as if it were a check or cash.
List the money order in the "checks" section of the deposit slip and endorse it on the back in the appropriate place (which is generally indicated on most money orders).
What are the major activities of commercial banks?
Some of the major activities/services provided by banks are:
a. Checking/Current account
b. Savings accounts
c. ATM Cards
d. Check Books
e. Deposit Accounts
f. Loans
g. Credit Cards etc
Out of the three options, a mutual fund has the most amount of risk involved. While a savings account and checking account typically have very low risk, mutual funds are subject to market fluctuations and can experience losses. The level of risk in a mutual fund depends on the types of assets it holds, such as stocks or bonds.
What is the best bank for a simple cheque account?
The best bank for a simple cheque account would depend on your specific needs and preferences. However, some popular options known for their simplicity and good customer service include Chase, Bank of America, and Wells Fargo. It's always a good idea to compare the fees, features, and convenience of different banks before making a decision.
How you can check iob nre account balance from Dubai?
If you want know NRE account balance from dubai, you will call to your bank branch manager and ask to him for your account balance, then he will replay to you. otherwise you can go to there directly branch office and you will get all the information.
How do you Varify Bank account?
I specified a new bank account tp receive payouts. I need to verify my bank account information. Your instructions say:
Sign in to Google Checkout
Click Setting tab then click Financials
Click verify account.
When I clicked in to Google Checkout there was to tab for Settings or Financial to click. You then say enter deposit amount exactly as it appears in your bank account. The amount is .60 deposited on Jan 10.
How can I confirm this?
What are the argue for and against historical cost as a principle of accounting in the preparation of final account of a sole trader?
There is obviously a great deal of confusion here, to say the least. The bank has to know why the account was frozen, as it is not an action that can be done arbitrarily but requires a court order. This usually pertains to a lawsuit having been won against the involved party and a judgment awarded which was executed as a bank account levy (garnishment). In unusual situations an account can be frozen before a lawsuit is heard, but the circumstances must be deemed applicable according to state laws. If the account holder also has a loan with the bank, the bank can use a set off action to remove funds from the person's account to satisfy the debt. If none of this applies then the bank may have committed a grievious error against the customer and should be held accountable.
AnswerMost likely there has been a civil judgment against her from probably a collector. She should get a copy of the judgment in the mail from both the bank and the collector within a few days. She needs to act fast because she has a right to file a claim of exemption or motion to set the judgment aside. Depending on which state, it could be as little as 10 days from the date of the levy that she has to file--not business days either! She should have a paper included with the copy of the judgment with all the exemptions available to the judgment. The plaintiff then has to respond to the motion or else it will be set aside. Most likely, if they went to the trouble of getting a judgment, they will proceed and still try to maintain the judgment. You need to file a motion and declaration to set aside with your reasons such as, not served properly, debt is not hers, etc. and then the specifics in the declaration part. I'm going through the same thing right now.Why you consider yourself suitable for appointment in South Indian Bank Ltd?
What the bank need is efficiency and hard work. Iam sure about my efficiency and my dedication to for a particular objective.
Rinju Kurian Varghese
4th Semester MBA
Albertian Institute Of Management
Ernakulam
e mail- rinjukurian@gmail.com
Mobile-9946645436
What is the swift code for Deutsch Bank?
Is there any difference between swift code and routing code ?
Yes there ist a different! The routing code ist a sort code or a bank code number especially for the usa!
There are different routing code systems worldwide. SWIFT code ist an international code.
Try:
http://www.bankers-telenet.com/glossary/iban-bic-swift-code/swift-how-banks-communicate-with-each-other-via-swift/
http://www.bankers-telenet.com/glossary/iban-bic-swift-code/routing-transit-number-rtn/
What monthly document lists all transactions in your checking account?
It is called an account statement. A statement is usually sent to all customers once every month or atleast once every quarter (3 months). This is used to keep track of all transactions that have been done on the account and also to help the customer identify any incorrect or unwanted transactions and take necessary actions reg. the same.
What steps does the bank take when foreclosing on a house?
When foreclosing on a house, the bank first looks at the person's saving and checking account. Then, the bank has the right to seize any properties before foreclosing on the house.
What services does Halifax offer other than bank accounts?
Halifax offers a number of services in addition to bank accounts. These include: mutual funds, rrsp, mortages, financial consulting, loans, credit cards and debit cards.
What is the difference between a crossed cheque and an opened cheque?
Crossing a cheque means putting two parallel lines on the left hand top corner of the cheque. This means that, the cheque is a Account Payee cheque which means it can only be deposited into another account and cannot be exchanged for cash over the counter. This serves two purposes - you can keep a track of who encashed your cheque and also ensure that even if the cheque is lost, it cannot be misused by anyone. The person to whom the cheque was paid will be recorded.
How do you calculate fixed deposit interest?
Fixed deposit interest is calculated using the simple interest concept
Interest = (principal * no. of years * rate of interest) / 100
principal = the amount you deposited
rate of interest = the amount in %
Ex: Deposit amount - 10,000
Rate of interest = 10%
no of days = 365
Interest = (10000 * 365 * 10) / (365*100) = 1000
How do you remove your name from a bank account?
Go to the bank and ask to have your name removed from the account. The other account holders should go with you. * I don't recommend this unless you are extremely confident of the other account holders' financial viability and/or general upright-ness, as if any or all of them end up defaulting or otherwise losing the account and/or causing a debt, you will be hunted down as a responsible party by any collection entity that should end up involved, and any credit damage that this might (would) cause will be reflected in your credit rating, possibly without you even having been contacted. I suggest that you go to the bank with the other account holder(s) and close out the account and have them open a new account at the same time.
How do you merge IRA accounts in different banks into one?
Once you know which bank you want to keep all of your IRA's in, then simply take your latest statement from the other banks to that bank, and they will do a trustee to trustee transfer. The money will go from account to account and will never touch your hands. You should consider something more than just CD's or Money market accounts for your IRA's.
How do you get a checking account with bad credit?
Credit scores have nothing to do with checking accounts. Unless you've had major overdraft issues with a previous checking account you will have no problems opening a new one.
What are the different types of bank accounts offered by TD?
TD offers several types of bank accounts, including a savings account, a checking account, and others. Further information on bank accounts with TD can be found on their website also.
