I just got my boyfriends check from his work. It is signed and i have a deposit slip. If i fill it out will the bank let me deposit his check into his account?
Absolutely - if he signed the check and his name is on the account, they shouldn't question you at all.
Now, if you are getting any cash back...that may pose a problem....
2007-11-23 06:04:23 by yourstruly
Array
International authorities are searching for two New Zealanders whose bank mistakenly deposited $6.1 million into their account. The couple took ...
problems that will occur by telling a teller in a bank to make a bank deposit ?
Consider the problem of making a bank deposit but not having the deposit credited to your account. Compare the likelihood of this happening with various ways of making the deposit going to a teller in a bank. What might go wrong? How difficult would it be to convince the bank that you really made the deposit.
Thats what receipts are for.
2008-01-16 08:17:58 by Navpreet A
What will happen to the interest earned in a Certificate of Deposit if a bank closes?
Washington Mutual has the highest 1 year Certificate of Deposit of 5%.
I understand that FDIC insures the money.
In some countries, although bank deposits have insurance, you can only withdraw that money in limited amounts in a specified time (staggered) if the bank closes. You cannot withdraw the money all at once...
1. If the bank close, can you withdraw the whole money (including the FULL INTEREST) all at once at maturity?
Or will the FDIC insure only the money you deposited initially?
2. If bank closes, What happens if you withdraw it before maturity?
Hi,
The FDIC will insure the entire amount of the principal and accrued interest. You will be able to claim all of the money you ought to have been entitled to, up to $100,000.
As to whether you have to wait until the CD matures, you probably will. Otherwise you will incur the normal penalties that will be on the CD agreement. Depending on the situation, it's possible that the FDIC would simply give you the cash amount of the CD but I suspect they would try to hold onto the assets as you're contractually obligated to allow the bank to hold them. And the last thing the FDIC wants when propping up a failed bank is even more of a bank run.
Good luck!
2008-09-13 23:08:32 by Benjie C
What happens when you make bank deposit error?
ok I have PC financial bank. The screen for deposit comes up saying to place the envelope, with your cheque, in the bank machine. Then it shows you the proper way of placing the envelope with the cheque into the bank machine. What happens if you place your envelope in the bank machine improperly?? Will the bank still approve the deposit? What should I do?
the main thing is that the check is in the envelope and that the envelope is input into the machine. As long as that happens, the bank will credit your account.
2008-10-08 15:34:04 by Kazim A
What details are needed to deposit money in to a Halifax bank?
Someone is buying something from me online and I have asked them to pay via bank deposit. I do not wish to give my name and was wondering if this was needed or is just the account number and sort code enough?
Halifax bank in the UK?
yes
2009-02-21 18:40:35 by hugo
bank deposit
The Last Deposit: Swiss Banks and Holocaust Victims' Ac
$80.55 03-Oct-10 10:08:15 PDT Bids: 0
Tiny bank deposit book,American Bank Williston ND 1953
$3.49 15-Sep-10 11:11:40 PDT Bids: 0
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$39.95 09-Sep-10 17:25:26 PDT Bids: 0
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FarmersNational Bank of Deposit Folder old
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Banks may get to fix interest rate on savings a/c Economic Times
MUMBAI:
Guaranteed return on savings banks deposits may soon be a thing of the past. The
Reserve Bank of India has moved a step forward in its proposal to deregulate
this interest rate.
After mooting the idea, the central bank has now
set up a working group to look into the modalities of deregulation, said RBI
deputy governor Usha Thorat at a Ficci-IBA seminar in Mumbai on Wednesday.
“An important consideration is whether deregulation of savings rates would
draw more population into the fold of formal banking system,” she added.
Deregulation would mean that banks would have the freedom to set the
interest rate on savings accounts based on their need for funds. At present, the
rate of interest on savings deposits is mandated by RBI at 3.5%.
Since banks have put in place a system where interest rate is
calculated on daily balances, a transition to deregulated interest rates on
savings account does not have any technical challenges. Most banks are in a
position
Source:
Bank of America CD Rates
Checking the Bank of America CD rates on a regular basis will allow you to become familiar with how interest rates fluctuate for this safe form of an investment. Bank of America has a selection of certificates of deposit (CDs) for you to choose from. It is wise to find out pertinent information about each one before you decide which one is most suitable for you. The choices include a High Yield CD, Risk Free CD, Opt-Up CD and the Standard Term CD.
The Opt-Up CD offers all of the superior features that you would get with a traditional certificate of deposit (CD). However it gives you the opportunity to take advantage of rising interest rates during the term of the CD.
The Standard Opt-Up CD offers an 18 month term that can be opened with any amount that ranges from $10,000 to $250,000. With this certificate of deposit you will receive the higher rate that goes along with most long-term certificates of deposit. The Standard Opt-Up CD is insured by the FDIC up to the amount that is permitted by law (which in most cases is $250,000).
CBS NewsFDIC's Bair: Will Lower Deposit Insurance Fees By End Of MonthWall Street Journal - Michael R. CrittendenThe FDIC is currently allowed to place banks into receivership, but similar authority doesn't exist among federal regulators for insurance companies, bank-holding companies, broker dealers, and other financial firms. Lawmakers have said they plan to US Senate expands credit lines to FDIC reserves FDIC's Bair calls for 'systemic risk council' FDIC's Bair: Incentives Needed to Cut Bank Size -
Mo. approves bill removing cap on interest ratesForbes, NY - David A. LiebThat cap would apply to deposits of up to $5 million in 2011, $3 million in 2012 and $1 million in 2013. The cap would be eliminated in 2014 and the state would receive market interest rates on all bank deposits. Zweifel said repealing the interest Treasurer Zweifel pleased with passage if 'Invest in Missouri' Treasurer Zweifel gets his legislative package passed Have any unclaimed property?
Straits TimesFDIC Watchdog Faults Agency For Georgia Bank FailureWall Street Journal - Michael R. CrittendenA report by the Federal Deposit Insurance Corp.'s inspector general said regulators should have been more concerned the Alpharetta, Ga.-based bank, open for barely a year, was growing well beyond its original business plan. fdic's Insurance Commitments 34% Higher Than Reported
Fully FDIC Insured Sweep Now Available Through the Merrill Lynch NEW YORK, May 5 /PRNewswire-FirstCall/ -- Merrill Lynch Global Wealth Management today announced it is offering a sweep option for qualifying retail accounts in the Merrill Lynch Bank Deposit Program (MLBDP) that provides unlimited FDIC insurance.
TVNZBank of America comes up $34bn short in stress testBanking commentators are concerned that the public may misinterpret negative results as a judgment on the security of deposits fully insured by the government-backed Federal Deposit Insurance Corporation. "The government has to control the Bank of America, Citigroup, GMAC Need More Capital Tests show some bank capital better than expected BofA shares climb despite reports of need for capital -
Banking Directory
Deposit account - Wikipedia, the free encyclopedia
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Bank Deposit Accounts
Types of Bank Deposit Accounts. ... The types of bank accounts available for Individuals are numerouos and a knowledge of the type of account, interest on the ...
Bank Deposits - eHow.com
Find info and videos including: How to Grow Deposits in Banks, What Is the Purpose of a Bank Deposit Slip?, Definition of a Bank Deposit Slip and much more. ...
Bank Deposits
The bank deposits method of proof is one of the primary indirect ... composition of each deposit is determined, to the extent possible, based on ...
CBS NewsFDIC's Bair: Will Lower Deposit Insurance Fees By End Of MonthWall Street Journal - Michael R. CrittendenThe FDIC is currently allowed to place banks into receivership, but similar authority doesn't exist among federal regulators for insurance companies, bank-holding companies, broker dealers, and other financial firms. Lawmakers have said they plan to US Senate expands credit lines to FDIC reserves FDIC's Bair calls for 'systemic risk council' FDIC's Bair: Incentives Needed to Cut Bank Size -
Straits TimesFDIC Watchdog Faults Agency For Georgia Bank FailureWall Street Journal - Michael R. CrittendenA report by the Federal Deposit Insurance Corp.'s inspector general said regulators should have been more concerned the Alpharetta, Ga.-based bank, open for barely a year, was growing well beyond its original business plan. fdic's Insurance Commitments 34% Higher Than Reported
TVNZBank of America comes up $34bn short in stress testBanking commentators are concerned that the public may misinterpret negative results as a judgment on the security of deposits fully insured by the government-backed Federal Deposit Insurance Corporation. "The government has to control the Bank of America, Citigroup, GMAC Need More Capital Tests show some bank capital better than expected BofA shares climb despite reports of need for capital -