0
Sure. It is your account and you can always check that. Most banks give a passbook or a statement on the account on a regular basis (usually once a month). In case of a passbook, you can get it updated by the bank teller to show the list of transactions and confirm/check the amount deposited into your account. Also, when you deposit money into your account, a transaction advise will be generated and provided by the bank teller. You can use that as well to check the same.
Add your answer:
Earn +20 pts
Where can one find a cheap deposit account?
Someone can find a cheap deposit account at a local bank that does not charge you very much to open a deposit account with them, or just spending no money and keeping your money yourself.
You want to check your lic account what should you do?
how much i deposit
What are business deposit slips used for?
Business deposit slips are used for the person who is depositing money into an account. The person writes down how much money they are depositing into a certain account, the account number, and the name on the account. The deposit slip just shows the person that the money was deposited in the account and it provides a form of a paper trail in case the person needed it.
Is there a limit on how much money you can deposit into your account in a year's time?
No, there is no such limit. You may be required to report large cash deposits, and there is a limit to the federal deposit insurance, but there is no limit on how much money you can deposit per year.
How much money can you put in the bank?
Actually speaking there is no limit on the amount of money you can put into your bank account. You can deposit as much money as you want, as long as you can provide the source of the funds. For ex: if you hit the lottery for 1 million dollars, you can happily deposit the money into your account because the source of the money is known. Whereas, if you found 1 million dollars somewhere in a duffel bag in a train, you cannot deposit it into your account because, technically the money does not belong to you.
What does deposit amt mean?
trying to make an account online to see how much money i have in the bank and i dont know what it is
What is the difference between a money market account and a checking account?
When money is held in a checking account the money is liquid. It is always accessible. It can be withdrawn using checks, or electronic cards. A money market account however, is much like a certificate of deposit. It requires a larger amount of money in order to open the account and has a much higher interest rate.
When there is a credit balance on a bank statement it means?
It means that you have money in your bank account that can be withdrawn whenever you need. A credit balance indicates that there is money in your account whereas a Debit balance indicates that you owe money to the bank. You can withdraw as much money as you have in your account anytime you want if the account is a saving or checking account. If it is a Time Deposit, you may have to wait until the deposit matures or incur the penalty for premature closure.
One year ago marahall made a deposit in a bank account that had an annual rate of 5.5 he now has 279.58 in his bank account how much money did marshall originally deposit?
Based on a 5.5 percent annual return, Marshall's original deposit was $265.
Disadvantages of savings bank account?
Actually there are no disadvantages of having a savings account. Saving money is a good habit and keeping it in a bank account is even better because it will earn you an interest. The only downside is that the interest earned in a savings account is much much lesser than a fixed deposit but nonetheless the money is liquid and you can take it anytime you want, which isn't the case with a fixed deposit.
How much deposit money for open a new account?
It depends on a lot of unknowns. In the UK, you can open a basic savings account in most banks with as little as £1.00 !
You deposit 425 into a money market account for three months the account earns 2.5 simple interest how much money is in the account after three months?
yeah, you spelled monts instead of months, not sure i want to further this conversation your company.
