Presenting more than amount exists in account
Exceed arrangement
Amount mentioned in the instrument exceeds the overdaft limit then that instrument is retuned for reason "Exceed arrangement". eg. If o/d limit of an account is Rs.1 lac and around Rs.75 K have already been overdrawn and then cheque of another 50K hits the account then instrument will be returned for reason "exceed arrangment". If account does not have sufficient balance and customer issues the cheque exceeding the balance then same will be returned for reason "Insufficient Funds". eg. If account has the clear balance of Rs.1 lac whereas instrument is issued of Rs.3 lacs then same will be retuned for reason "Insufficient Funds".
It is a sequence of a set of objects which takes account of their locations.
If the money was sent in your account accidentally then expect that one day someone will ask you for it back. If it was put into your account as a gift or your salary, then no. If it is a joint account or you have an arrangement where they can draw on your account, then yes. However, if no such arrangement was in place, I would be more concerned as to how someone got your bank account details in the first place.
Edcon
The difference between total payments and total charges to an account is called the account balance. If total payments exceed total charges, the balance will be a credit, indicating a surplus. Conversely, if total charges exceed total payments, the balance will be a debit, reflecting an outstanding amount owed. This balance is essential for understanding the financial status of the account.
An arrangement that authorizes your monthly loan payments to be deducted automatically from your bank account (usually a checking account) on a given date each month.
IRA stands for Individual Retirement Arrangement. It also can mean Individual Retirement Account.
It is an arrangement by which one get regular payment like salary credited one's bank account.
You have to have alot of friends, a high room rating, a high account rating, and must exceed over 3000 Coinz.
If your bank account has been seized because of a debt you owe, you should call and work out a payment arrangement with the creditor. You should also start a new bank account.
a debit balance in the labor efficiency variance account indicates that actual rate and actual hours exceed standard rates and standard hours