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If you were overdrawn for two weeks and your direct deposit goes straight to this account and now you learned that your account has been charged off what exactly does that mean?
Wiki User
∙ 12y ago
it means that your account is no longer over due its 90 days past due in which usually it goes to charge off status on your credit report which will tell who ever is looking at your credit report that you chose not to pay the bill that's what it means
Wiki User
∙ 12y ago
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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…
What does dda mean in ATM transfer to dda number?
DDA stands for demand deposit account. It is a bank account in which you can deposit and withdraw money. A form of a demand deposit account is a checking account.
What is money in a checking account called?
Money in a checking account is called demand deposit.
What is Money put into an bank account called?
to deposit moneyA Deposit is the act of putting money into an account.
Can you deposit your cheque in to your parents account?
It depends: a. Yes - If you are joint holder of the account along with your parents then you can deposit it into that account b. No - If you are not a joint holder of the account along with your parents, then you cannot deposit it into that account. A check can be deposited only into an account that is held by the person on whose name the check is issued.
Can you open a checking account at a credit union if you owe a bank money for an overdrawn account?
Yes, u can, they just do different terms, I was told u jus can't deposit money at the atm, that's all...
Your employer did not directly deposit your check as normal so your bank is now overdrawn Do they have to pay the fees for their mistake?
Not technically.
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.
Can you still deposit to your account even if a haven't deposit since last year?
yes, as long you maintained the minimum maintaining balance, a bank required, there will be no bank charges deduction on your account, because 1 year of no depositor/s transactions means dormat account. If, minimum maintaining balance was not met, then your bank charged you of dormancy, then your account might be closed, and you cannot deposit any. Ask your bank about your balance.
How do you deposit money in an account?
you can deposit at the bank
Why is investec commercial bank a deposit taking intermediary?
It have a variety of deposit account, such as check account, savings and time deposit
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…
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…
What are the disadvatages of a reccuring deposit account?
The only disadvantage I can think of, is the fact that the money put into a recurring deposit is not much liquid. You need to terminate the deposit in order to get that cash. This way you may lose some interest rate or have some penalty charges charged by the bank.
What is the disadvantage of a fixed deposit account?
The only disadvantage I can think of, is the fact that the money put into a fixed deposit is not much liquid. You need to terminate the deposit in order to get that cash. This way you may lose some interest rate or have some penalty charges charged by the bank.
What does dda mean in ATM transfer to dda number?
DDA stands for demand deposit account. It is a bank account in which you can deposit and withdraw money. A form of a demand deposit account is a checking account.
What is the difference between a current account and a call deposit account?
You can withdraw cash at your call deposit account at any time if you have a call deposit account. The current account has the sum of the income of the goods and service less the expenditure.
