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Q: Can you deposit a cash card in your savings account?
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Can Husband of a deceased owner of US Savings Bond deposit it to their bank account?

The estate will have to cash the savings bond in and then distribute the earnings.


How do you put money in a savings account?

You can put money into your savings account in a number of ways, some of them are: a. Walk into your bank, fill up a deposit slip and pay the money to the bank teller b. Walk into a nearby ATM, insert your ATM card and choose cash deposit as the option and deposit your money in the ATM c. Deposit a check into your account by using either option a or option b d. Get a funds transfer done from another account and have money deposited into your account


How much cash can you deposit in your saving account?

In Indian Currency you can deposit Rs.39,999.00 without a PAN card.


Is pan card required for cash deposit of more than 50000 in nro account?

Not Necessary


What does CD stand for banking?

The abbreviation "CDM" on a bank statement typically stands for "Cash Deposit Machine". A Cash Deposit Machine is a self-service kiosk that allows bank customers to deposit cash into their account without having to visit a bank teller. The machine counts the cash and credits the deposited amount to the customer's account. If you see "CDM" on your bank statement, it means that you deposited cash using a Cash Deposit Machine.The abbreviation "CDM" on a bank statement typically stands for "Cash Deposit Machine". A Cash Deposit Machine is a self-service kiosk that allows bank customers to deposit cash into their account without having to visit a bank teller. The machine counts the cash and credits the deposited amount to the customer's account. If you see "CDM" on your bank statement, it means that you deposited cash using a Cash Deposit Machine.


Can I deposit cash in someone esle's checking account?

Yes. There are no restrictions as to who can deposit cash into a checking account. Anyone can deposit cash into anyone else's account as long as they know the account number of the account into which they want to deposit cash. For ex: I can walk into the bank branch where you hold a checking account and deposit $500 into it if I know the account number. Nobody will ask or question me as to why I am doing so…


Why do banks pay little or no interest on current accounts?

Because - the purpose of a current account - is to have cash 'on-demand'. Current accounts are intended for everyday use (bills, credit card payments, shopping etc). Deposit accounts are intended as short or long-term savings - with money expected to be left in the account for at least a short while. Banks reward deposit accounts because they are intended as a savings tool, rather than a ready source of cash.


can you get a cash advance without a checking account I only have a savings with direct deposit?

Yes, you can. You can get an advance against your paycheck. This is a question best asked of a cash advance store. Call them.


What is cash deposit adjustment?

When you have cash deposit credit adjustment how do you post it to ledger account


What is Demand deposit?

A demand deposit is a normal checking or savings account at a bank. Demand deposit accounts can be drawn against by writing a check or withdrawing cash. They can also be drawn against by the use of a debit cards.


How do you transfer money into the ing direct account?

You can transfer money into the ing direct account by set up an automatic savings plan, direct deposit, deposit by cash and/or check. With all this being said you also have to include your account number in the process.


What is the general journal entry for cash deposit?

Cash deposit to bank has contra entry as follows: [Debit] Bank account [Credit] Cash account