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What happens if I need the money from my certificate of deposit before my term is over?
If you need to withdraw the money from a certificate of deposit before the term is over, you usually have to pay a penalty. The penalty varies from bank to bank and depends on the term of your certificate.
Is it possible to get a credit card without a bank account?
yes just apply online at the bank that you would like to have a card at, you do not need an account thereMore detail:You can also get prepaid credit cards. You deposit a predetermined amount of money into the credit card account, then use it as you would any other credit card. This is mostly used for those with bad credit. It's also commonly used for college students, which their parents deposit the money into as needed.
How should you liquidate a bank CD?
You should visit the bank where you opened the CD and carry the CD document that they gave you when you opened the deposit. You need to submit this with a customer service officer in the bank and request to liquidate it. The bank will ask you the details of the bank account into which the funds need to be deposited and once you provide that, the bank will close/liquidate your CD and deposit the money into your bank account
What sum of money is considered questionable to the banks when making a deposit?
In India if you deposit cash greater than Rs. 50,000/- you need to provide your PAN Card details. If you deposit cash greater than Rs. 10,00,000/- (Ten Lacs) then you need to provide the source of income for the money.
Where can you find certificates of deposit?
The bank will give you one every time you make a deposit, if you need a copy of your deposit then talk to your bank. They keep all deposit slips on file for you to have.
I am a pakistani i have a lot of cash money now what bank account should i have to deposit money?
If you have a lot of cash, you will need to deposit the money in a bank in the town you live.
How do you deposit money Mafia Wars?
to deposit money in the bank you need more than what you want do deposit because the bank charges 10% of what you deposit. for example you want to deposit 1000000 dollars, you must posses 1100000 dollars to have the 1000000 dollars put in the bank.
What happens if I need the money from my certificate of deposit before my term is over?
If you need to withdraw the money from a certificate of deposit before the term is over, you usually have to pay a penalty. The penalty varies from bank to bank and depends on the term of your certificate.
Is a bank deposit slip a credit or debit?
A bank deposit slip is used for credit. Credit is an action in which money is deposited into a bank account. For doing so, we need to fill a deposit slip. The deposit slip contains details like the name of the account holder, amount of money deposited, the denominations, date of deposit etc.
Is it possible to get a credit card without a bank account?
yes just apply online at the bank that you would like to have a card at, you do not need an account thereMore detail:You can also get prepaid credit cards. You deposit a predetermined amount of money into the credit card account, then use it as you would any other credit card. This is mostly used for those with bad credit. It's also commonly used for college students, which their parents deposit the money into as needed.
Is a deposit a debit or a credit?
A bank deposit slip is used for credit. Credit is an action in which money is deposited into a bank account. For doing so, we need to fill a deposit slip. The deposit slip contains details like the name of the account holder, amount of money deposited, the denominations, date of deposit etc.
Do I need to go to a Bank of America branch to deposit money into my friend's account there?
Yes you can visit any branch of Bank of America to deposit. You can also do online transfer if you are familiar with it.
What information do you have to have in order to open up a bank account?
In order to open up a bank account, you will usually need your Social Security Card and Driver's License (or non-driver ID). You will need an amount of money to deposit, and occasionally further information will be required such as workplace information.
Can your grandaughter put money into your checking account?
Sure. Most banks do not have any restrictions on who can deposit money into a customers bank account. Even if I want, I can deposit money into your checking account. All I need is to know your full name and your bank account number. So, your grand daughter can easily know your name and account number and she can happily deposit money into your account.
Do I need a certificate of deposit to deposit money into my account?
You do not need a certificate of deposit (also known as a CD) to deposit money into an account - unless you are attempting to deposit money into a CD account. Most banks only require you to have a regular savings account opened to be able to deposit money into a checking account for free. However, these terms vary by bank depending on which one you are using. Generally speaking, however, you should not have to open a CD to deposit funds into a regular checking account.
How can you open a recurring bank account?
A Recurring Deposit account is one in which the customer deposits a small sum of money (usually a few hundred or thousands) every month. The bank accepts a deposit every month and at the end of the deposit period (usually 12 months or higher) the bank would return the money deposited with them along with a good interest. You can open a RD account by visiting any bank and filling up the form that is used for opening an RD and pay the first months money to the bank teller.
How should you liquidate a bank CD?
You should visit the bank where you opened the CD and carry the CD document that they gave you when you opened the deposit. You need to submit this with a customer service officer in the bank and request to liquidate it. The bank will ask you the details of the bank account into which the funds need to be deposited and once you provide that, the bank will close/liquidate your CD and deposit the money into your bank account
