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Difference between current account and call deposit account?
A call deposit account is a hybrid form of Current account and general saving account which allows us to withdraw money at any time as in current account and provides us interest on the deposit amount as in other saving account.
How long does it take for a check from a banking institution to clear?
It depends. Let us say I give you a check from my ICICI Bank account in Chennai, it would take the following timeframe.if you deposit into your ICICI Bank account in Chennai - 1 to 2 working daysif you deposit into your ICICI Bank anywhere else in India - 2 to 3 working daysif you deposit into your non-ICICI bank account in Chennai - 2 to 3 working daysif you deposit into your non-ICICI bank account anywhere else in India - 4 to 5 working days
How often can you make large bank deposits before being reported?
None or Zero. Whenever there is a large deposit in any bank account the banking authorities report that to the banking regulator (Central Bank) of the country. In India the amount is Rs. 50,000/- and similarly in the United States it is US $ 5000/- Any deposit in any account above these numbers get reported to the Fed (USA) or the RBI (India) by the bank.
How long for a check to clear the account?
It depends on various factors. Let us take a look assuming you have got a check from a friend who has an account in ICICI Bank, Chennai: a. If you visit any ICICI Bank branch in Chennai and deposit the check into your ICICI account - Usually the same day b. If you visit any ICICI Bank branch outside Chennai and deposit the cheque into your ICICI account - Usually the same or next working day c. If you visit any other bank in Chennai and deposit the check into your account - 2 to 3 business days d. If you visit any other bank outside Chennai and deposit the check into your account - 3 to 5 business days
How long does a cheque take to clear after being presented?
It depends on various factors. Let us take a look assuming you have got a cheque from a friend who has an account in ICICI Bank, Chennai:If you visit any ICICI Bank branch in Chennai and deposit the cheque into your ICICI account - Usually the same dayIf you visit any ICICI Bank branch outside Chennai and deposit the cheque into your ICICI account - Usually the same or next working dayIf you visit any other bank in Chennai and deposit the cheque into your account - 2 to 3 business daysIf you visit any other bank outside Chennai and deposit the cheque into your account - 3 to 5 business days
Difference between current account and call deposit account?
A call deposit account is a hybrid form of Current account and general saving account which allows us to withdraw money at any time as in current account and provides us interest on the deposit amount as in other saving account.
Can you open an account in US and have a person from UK deposit money in that account?
Yes. There are no restrictions as to who can deposit cash into an 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…
what is the dollar denominated deposit at a London bank is called?
USD Account / US Dollar Account.
How do you deposit in partypoker?
Log in to your account, click 'Deposit funds', and you'll be shown a list of our deposit options relevant to your country. Select the deposit option you want to use and follow the instructions. Each option varies in procedure, from timeframe to deposit and fees. For a list of deposit options, transfer times and fees, please see here. Once we receive confirmation of the money being transferred to us, the amount will be deposited into your account and reflected in your account balance. You will receive an email acknowledgment of every deposit and cash out you make with us. Please keep these receipts for your records. Each receipt will detail the amount charged and how it will appear on your bank statement.
If you owe money at a bank can they still seize funds if you deposit a check from someone who also holds an account there into your checking account at a different bank?
To clarify, I owe money at US Bank for a defaulted credit card with them. I have a TCF checking account. If I try to deposit a check made payable to me, and that check happens to be a US Bank check, can US Bank seize the check made payable to me even if I deposit it into my TCF checking account? Not sure if they will see that US Bank funds are made payable to me from someone else's account. Any insight would help! Thanks!
What will be the initial deposit to open a Bank of America account?
I think it is US $ 500 for a simple checking account. The bank would give you an ATM card and a check book for this account. However if you arrange to have a Direct Deposit (Your Monthly Salary/paycheck) into this account Bank of America waives this minimum balance requirement and you can have it as a Zero-Balance checking account.
Can I deposit my money order into someone else's bank account?
The holder of an account takes responsibility for the outcome of any check deposited into their account. Thus, the bank may require that the person who owns the account also sign the check (and even be present during the deposit) to verify authorization for the deposit. Even though money orders are supposed to be verified funds, the bank cannot risk that the account holder will claim the deposit wad unauthorized if they are charged if the check us returned.
What is US treasury 303 soc sec ssa deposit?
Find got a zero amount in my account from treasury 303?
Can UK money be deposited in US bank account?
Yes. Most major banks in the US accept deposit of foreign currency notes. The point to note here is that, the deposit accepting bank would convert the foreign currency into the local currency (US Dollar) at the prevailing exchange rates, before crediting the money into your account.
Is Puerto Rico a part of Brazil?
No. Right now it is a commonwealth of the US. For the longest time the US government has been trying to make PR a state. The people of PR are divided on this. Some are for it and some are against it. The people of PR are citizens of the US and do not require a passport to come to the US. The same is applied to Americans who wish to travel to PR. PRs' currency is the US dollar.
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.
Can a bank freeze a new account?
Yes. If the opening deposit is a check, they will probably not let you withdraw very much of it until the check has been accepted by the issuing bank. That could be overnight or a few days if the other bank is in the US, or several days if it is drawn on a foreign bank. If the deposit is a sight draft or other collection item, your account will not even be credited with the deposit until it has been collected. If you open the account with a cash deposit, the funds should be available immediately.
