I filed a bankruptcy because I was injured and could not work. When I had nearly depleted my savings I paid my utility bills for the next year, leaving enough for food and gasoline up to when I thought I would be well enough to work (I was guessing a year). Then I closed my bank account and used only cash. I landed a job the day after the bankruptcy was awarded so I needed to open a bank account immediately (cashing checks without your own account is very expensive). I had no trouble getting an account at a local credit union. I am hard-pressed to understand why acquiring a bank account would be associated with a bankruptcy, money is money.
This depends entirely on the banks involved but typically when a cheque "clears" it can no longer "bounce" It is worth confirming this with your bank however
No. As long as you have money that can be deposited into the savings account, the bank cannot deny giving you a savings account. However, if you have a history of bad checks being issued, default on credit card payments etc the bank will not issue you any credit cards or check booklets.
Most times, the deposit should be cleared into their bank account within 24 hours. The amount will vary depending upon the bank and when you make the deposit.
The bank does not care if you cannot pay the assessed overdraft fee. From experience they will then continue to accrue fees to the account sometimes per day as long as you are overdrawn if then still not paid it will go to your credit report. The next time you attempt to set up a bank account after being blacklisted from another bank it becomes harder each time to open an account elsewhere.
there is no limit on the amount you can withdraw from your account as long as that sum is there
Generally a bank will freeze an account for 30 days before closing the account. After that, they will report you to chexsystems where the report will remain for 5 years unless you file a dispute and attempt removal
It is not common for a bank to lose any account number. It may be a good idea to consult the bank in order to know why the account number is missing.
Yes. As long as the check is not being cashed, the bank can stamp the check and deposit it.
As long as the bank that has the hold hasn't reported you to chex systems.
Yes Bank of America 24/f Paseo de Roxas Makati, Ph 623-815-5070
Yes, Amazon will accept money from a bank account even if it is an Arabic bank as long as the funds are available.
Yes, bank account is an asset (provided it is not a loan or credit card account). Since a Bank account is a place where we deposit and keep money, it can be considered an asset. (And this is only as long as you have cash in your account. If your account balance is 0 it is not an asset)
How long does it take a bank to return a check
This depends entirely on the banks involved but typically when a cheque "clears" it can no longer "bounce" It is worth confirming this with your bank however
No. As long as you have money that can be deposited into the savings account, the bank cannot deny giving you a savings account. However, if you have a history of bad checks being issued, default on credit card payments etc the bank will not issue you any credit cards or check booklets.
Most times, the deposit should be cleared into their bank account within 24 hours. The amount will vary depending upon the bank and when you make the deposit.
Yes. A Bank account number can have alphabets and numbers in it. As long as a bank account number ends up to be unique for every single individual who has an account with the bank, the presence of alphabets does not matter. For Ex: AB12345 is a perfectly valid account number.