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My current bank account was closed and someone has been depositing money to it can the bank use this money for an outstanding loan?

my bank closed my account can i reopen the same account again


Can you reopen a bank account that's been closed?

No. Once a bank account is closed, the account number remains unused by the bank for seven or more years (it varies by individual bank). You may reopen a new account with the same bank, provided the first account was not closed by the bank for improprieties perpetrated by you.


How can you check to verify an account has been closed?

go to the bank and ask


What does a pending bank transaction mean?

It is a transaction that has credited to or from your account but that has not been deducted from the amount you can visibly see upon any ATM or online bank statements for your account. Usually no mote than 2 to 3 days will be the amount of time needed for a transaction to how up as credit or debit ad to have been deducted or added to your account.


Bank charged you for over draft protection on a closed account?

This bank account at TCF bank had been closed for over six months.Now we are being charged for over draft protection.It looks like a annual fee thay are charging on a closed account.How can a bank charge on a closed account and then charge for insufficient funds.


How do you find out if you have any bad checks on an account that has been closed?

Call the bank.


Can a bank account be closed after the account has been frozen with a court order?

ahah, good luck you poor soul!


What does cr on my bank statement mean?

"CR" on your bank statement typically stands for "credit." This means that a credit transaction, such as a refund or deposit, has been made to your account.


Can you open a new account with the same bank after a checking account has been closed?

I need to create a new checking account number for my pension deposit


Why is my pending transaction not showing up in my account?

Your pending transaction may not be showing up in your account because it has not been fully processed by the bank yet. Pending transactions can take some time to appear in your account, so it's normal for there to be a delay.


Can you have money direct deposited into your closed account in order to reopen it?

If your account was closed by you going into the bank and withdrawing the balance of the funds to close account, no. This account has been officially closed and is no longer active. However, if your bank account was closed due to lack of funds and put into the overdraft mode; yes. In fact you need to deposit funds as soon as possible to bring the account into the positive and to avoid any further charges or collection issues. NO


Can you obtain copies of statements for one year on recently closed bank account?

Yes. The bank (or building society) MUST retain copies of all transactions - by law. Even if the account has been closed, there will still be an audit trail for the transactions.