BankingQuestions.com

About Bank Guarantees

editor@bankingquestions.com — Tue, 10 Nov 2009 08:00:01 EST

The FBI website says Bank Guarantees are not traded anywhere, yet so many people offer or seek them. What is the truth...

Getting Info from Cashed Check

editor@bankingquestions.com — Mon, 09 Nov 2009 14:00:01 EST

Several months ago I cashed a check someone wrote to me. I don't have this person's information anymore and want to contact him. I know his information is on his check. Is there a way to track ...

Shareholders on CD: Who can Redeem it?

editor@bankingquestions.com — Mon, 09 Nov 2009 13:00:03 EST

Last year I purchased a CD for my grandson. He is a minor child, but both of us are listed as shareholders, with me as custodian. Can I cash in this CD...

Setting Up Estate Account from Afar

editor@bankingquestions.com — Mon, 09 Nov 2009 12:00:02 EST

My mother recently died and we need to set up an estate account in Illinois. The executor lives in Florida. Is it possible to set up the account in Illinois without the executor coming in from Florida...

Deposit with No Endorsement: What Happens?

editor@bankingquestions.com — Mon, 09 Nov 2009 11:00:02 EST

I deposited a state check without my husband's signature or mine. The check was in his name, and the banker just stamped it. What will happen if ...

Removing Name from Business Checking Account

editor@bankingquestions.com — Mon, 09 Nov 2009 10:00:02 EST

How can I take my name off a business checking account? The business has been dissolved...

Who Endorses Check with c/o?

editor@bankingquestions.com — Mon, 09 Nov 2009 09:00:01 EST

I received a check payable to xyz c/o abc company, who would endorse it...

About Cashing Checks without Endorsements

editor@bankingquestions.com — Mon, 09 Nov 2009 08:00:04 EST

My wife got a cashier's check in her name to be held for a deposit for an apartment rental for our son. Both the rental agency and the bank cashed the check without her endorsement. Is this legal ...

Pension Paid After Death: Do I Return This?

editor@bankingquestions.com — Fri, 06 Nov 2009 11:00:00 EST

About eight months after my mother died, I was told that she still had an open account. I went and withdrew the money. As it turned out, it was a veteran's pension that was direct deposited after her death. Am I responsible ...

Account Restricted for Deposit

editor@bankingquestions.com — Fri, 06 Nov 2009 09:00:00 EST

I deposited a check for $3000 and the bank restricted my account. Why...

Reading Document Needing Medallion Guarantee

editor@bankingquestions.com — Fri, 06 Nov 2009 10:00:00 EST

Is it proper and/or legal for a bank employee to read a document that requires a Medallion Signature Guarantee...

Charging a Closed Account? How so?

editor@bankingquestions.com — Fri, 06 Nov 2009 08:00:00 EST

I want to close my checking account at local bank to keep an unauthorized debit from rehappening. The bank says if an account is closed, the unauthorized debit can still be posted and ...

Employer Wants to Audit Bank Statements: Legal?

editor@bankingquestions.com — Wed, 04 Nov 2009 10:00:02 EST

I'm a sole proprietor through a franchise company. I have a dba checking account at my bank with my name and the franchise name on it. The franchise company that I work for wants to go through my bank statements to see if...

Bank Froze My Account: I Want it Closed!

editor@bankingquestions.com — Wed, 04 Nov 2009 09:00:01 EST

I had a customer bounce a couple of checks. To clear it up, she wired the money directly to my account, but the risk department froze it...

Yearly Retirement Check is No Good? What?

editor@bankingquestions.com — Wed, 04 Nov 2009 08:00:01 EST

I receieved a check today with regard to my retirement, which I receive yearly. When I took it to the bank, they could not give me the money . When the check was run through, they entered the account number and...

Post-Dated Checks of Deceased

editor@bankingquestions.com — Tue, 03 Nov 2009 14:00:01 EST

I know that a bank may honor a check that was written by a now deceased person up until ten days after the death or until the bank is notified of the drawer's death, but what if ...

About Overdraft Protection Programs

editor@bankingquestions.com — Tue, 03 Nov 2009 13:00:02 EST

Are there any federal laws which regulate the operation and disclosure of optional overdraft protection programs with linked savings accounts, credit cards, and ...

How to Buy Out One of Four on a Deed

editor@bankingquestions.com — Tue, 03 Nov 2009 12:00:02 EST

There are four siblings' names on the deed to a house in Pennsylvania. Can we do an equity loan to buy out one of the siblings...

What Triggers a CTR?

editor@bankingquestions.com — Tue, 03 Nov 2009 11:00:01 EST

I understand that a CTR report is for cash transactions over $10,000. Is there a certain report that will trigger when I transfer money with my online banking between two of my own checking accounts at different banks...

Notice of Account Overdraft

editor@bankingquestions.com — Tue, 03 Nov 2009 10:00:02 EST

My brother just got his monthly bank statement and it showed that he had over three hundred dollars in overdraft fees. He never received a notice from the bank about the overdrafts. Isn't there some kind of law ...

Interest on a Revolving Loan Account

editor@bankingquestions.com — Tue, 03 Nov 2009 09:00:02 EST

I have a revolving loan account, which was originally for $5000 at 12.9% APR. My payments are $100, with $45 going towards interest. Is this right...

Borrowing from a Loan

editor@bankingquestions.com — Tue, 03 Nov 2009 08:00:02 EST

I got a loan from a financial institution, and made payments on time every month for six months. Will I have trouble borrowing more money from the loan...

Getting Refund from Uncashed Cashier's Check

editor@bankingquestions.com — Mon, 02 Nov 2009 14:00:01 EST

I have been told that a cashier's check written four years ago is still not cashed. I tried to contact the person to whom the check was written, but I could not find her. How can I get the money back...

Finding Accounts of Deceased Child

editor@bankingquestions.com — Mon, 02 Nov 2009 13:00:03 EST

How can a parent find out if a deceased child (age 28) had any money in the bank? Noone seems to know ...

Compounded Errors: What to do?

editor@bankingquestions.com — Mon, 02 Nov 2009 12:00:02 EST

My insurance company issued me a check for damages to my vehicle. I deposited it, so I could get my car in the shop, not realizing until I just spoke with them, that the check was ...

On Social Security: Need a Loan

editor@bankingquestions.com — Mon, 02 Nov 2009 11:00:02 EST

I'm on Social Security. I would like to know where I can take out an unsecured personal loan...

Mortgage Provider Declares Bankruptcy: What Now?

editor@bankingquestions.com — Mon, 02 Nov 2009 10:00:02 EST

My mortgage provider has declared bankruptcy, and they have been absorbed by another mortgage provider. I have just over $2,700 that was debited from my checking account which is currently "frozen until the court issues their ruling." What can I say or do ...

First Home Buyer Wants Best Deal

editor@bankingquestions.com — Mon, 02 Nov 2009 09:00:01 EST

I am looking to buy my first home and my parents are going to be helping me out by putting down 50% of the purchase price in cash while I take on a mortgage for the rest. We are wondering the best way to structure this deal...

No SSN - Add to Account?

editor@bankingquestions.com — Mon, 02 Nov 2009 08:00:05 EST

How can I add my husband's name to my bank account if he does not have a SSN yet...

Need Funds While I am Away

editor@bankingquestions.com — Fri, 30 Oct 2009 14:00:01 EST

How can I get funds from my checking account while I am on vacation...

Changing Date on Check: Fraud?

editor@bankingquestions.com — Fri, 30 Oct 2009 13:00:02 EST

Is it fraud if I wrote a personal check to another person for $190, dated 9-6-08, and that person waited a year and then changed the date to read 9-6-09 before cashing it...

What does: 'Lack of Endorsement Guaranteed' Mean?

editor@bankingquestions.com — Fri, 30 Oct 2009 12:00:01 EST

I wrote a check to another party that was returned to him from his own bank with "CR TO ACCT OF PAYEE LACK OF ENDORSEMENT GUARANTEED." What does this mean...

Does Transferring Funds Trigger CTR?

editor@bankingquestions.com — Fri, 30 Oct 2009 11:00:02 EST

I have several checking accounts at several banks, and have the availability to transfer my money from account to account from online banking. If I want to transfer $6,000 from one account...

Is Check Endorsed to Me Considered Income?

editor@bankingquestions.com — Fri, 30 Oct 2009 10:00:02 EST

My mom has dementia. I am her POA. If I open an account in my name, and have her endorse her SS check to me, will it be considered taxable income for me if ...

Account and Check Numbers do Not Agree

editor@bankingquestions.com — Fri, 30 Oct 2009 09:00:01 EST

My account number and the account number on my check are off on the last number. Which do I use...

How Long to Determine Check Fraud?

editor@bankingquestions.com — Fri, 30 Oct 2009 08:00:01 EST

Our store is located in Atlanta, GA. A customer who lives in NJ came to our store while visiting family and placed an $800 deposit by debit card on $14,000 worth of merchandise. After she returned home...

Stop Pay on E-Payment?

editor@bankingquestions.com — Thu, 29 Oct 2009 14:00:01 EST

Can I make stop payment on an electronic payment on a Saturday...

Electronic Payment Gone Afoul

editor@bankingquestions.com — Thu, 29 Oct 2009 13:00:01 EST

I made an electronic payment for my house payment, but it has never been removed from my account. It has been posted by my mortgage company and payments since then have come out. How long do I have to wait ...

Minor Wants Access to His Account

editor@bankingquestions.com — Thu, 29 Oct 2009 12:00:01 EST

I am a minor. Can I access my savings account without the permission of my parents? How would I go about this...

Getting a Debit Card after Bankruptcy

editor@bankingquestions.com — Thu, 29 Oct 2009 10:00:02 EST

I was discharged from bankruptcy in Feb. 2008, but have not been able to obtain a debit card since. Please can you advise me on how I can get a debit card...

Transferring Funds to Canada

editor@bankingquestions.com — Thu, 29 Oct 2009 10:00:02 EST

How can my dad transfer funds from his CDs into my account in Canada. Do I just need to give him my account number...

CU Authorizes Fraudulent Debit Card Use

editor@bankingquestions.com — Thu, 29 Oct 2009 09:00:01 EST

I have a Visa debit card issued by a credit union, which is linked to my checking account. Recently, I checked my account balance online and found that someone had made fraudulent purchases and used all the funds ...

Debit Card vs ATM Card

editor@bankingquestions.com — Thu, 29 Oct 2009 08:00:02 EST

What is difference between debit card and an ATM card...

What Account is Needed for Fund-raising Monies?

editor@bankingquestions.com — Wed, 28 Oct 2009 14:00:02 EST

Our church is raising about $2 million for purchase of a property. What kind of account can we use that includes a trustee and terms for funds usage...

How to Tell if Hold is Lifted

editor@bankingquestions.com — Wed, 28 Oct 2009 13:00:02 EST

My business account is on hold, but they are sending me statements with the latest balances. Does this mean ...

About Stop Pay on a Cashier's Check

editor@bankingquestions.com — Wed, 28 Oct 2009 12:00:03 EST

If I get a cashier's check from bank #1 and cash it at bank #2, can bank #1 stop payment on it...

Endorse with Account Number?

editor@bankingquestions.com — Wed, 28 Oct 2009 11:00:02 EST

If I receive a check that I would like to deposit in one of my accounts, can I just endorse it with the bank account number ...

Options for Dealing with Old Check

editor@bankingquestions.com — Wed, 28 Oct 2009 10:00:01 EST

Yesterday I re-discovered a check for over $3,000 dated March 14, 2009 that says "void after 180 days". What should I do...

Endorsing a Check to Pay a Bill

editor@bankingquestions.com — Wed, 28 Oct 2009 09:00:02 EST

Do you have to endorse a check when you pay a bill with it...

Bank Shows Check: Is Privacy Breached Here?

editor@bankingquestions.com — Wed, 28 Oct 2009 08:00:02 EST

My friend's son signed his check over to his mother. She endorsed and cashed it. Is this illegal for the bank to show this check ...

What Does 'Or' on Statement Mean?

editor@bankingquestions.com — Tue, 27 Oct 2009 14:00:02 EST

I got a statement in the mail addressed to me OR my mother. It said that my CD had matured and I could withdraw it. Can I go and pick it up or does my mother have to do it...

Bank Uses Snailmail - Not Electronic Transfer: Why?

editor@bankingquestions.com — Tue, 27 Oct 2009 13:00:01 EST

I made an online credit card payment accidently to a closed Visa account. I contacted the bank and was advised the money had been removed from my checking account, and that they would send me a snailmail check. Why...

Is it there? Is it on Hold? Can I Withdraw it?

editor@bankingquestions.com — Tue, 27 Oct 2009 12:00:01 EST

I am going to be getting a large amount of money and I want to know when its in the bank. How long will they hold it, and can I withdraw a hundred thousand when I have it in the account...

$37,000 Stolen, yet Credit Union in Denial

editor@bankingquestions.com — Tue, 27 Oct 2009 11:00:02 EST

I recently had an employee who was withdrawing cash out of my account without being on the signature card. This employee would tell the ladies at the credit union that I needed cash and that I gave her permission to withdraw it. They would then give her cash and ...

Bank Takes What I Owe and Offset of My Daughter's

editor@bankingquestions.com — Tue, 27 Oct 2009 10:00:01 EST

I learned that the bank closed my account and I had a direct deposit coming. I owed the bank $186.00 and the deposit was $700.00. Well, the bank accepted it, but...

Accessing Deceased's Joint Account

editor@bankingquestions.com — Tue, 27 Oct 2009 09:00:03 EST

I need to find out how to retrieve my father's joint checking account with his sister, from 1955. My father passed away long ago, and we never had good relations with our aunt...

What Happens During a Hold?

editor@bankingquestions.com — Tue, 27 Oct 2009 08:00:01 EST

If I open an account and deposit a large check, they say there's a seven day hold on it. What process do they do on the seven days...

They Gave Out All My Personal Information

editor@bankingquestions.com — Mon, 26 Oct 2009 14:00:04 EST

I received a letter from the company that handles my former company's corporate credit cards informing me that an "Electronic data file intended for delivery was sent to another client by mistake." In my opinion, this is ...

Mortgage Payments by Check or MO Only

editor@bankingquestions.com — Mon, 26 Oct 2009 13:00:05 EST

I got a note from my bank today saying that I must pay my mortgage by check or money order, no cash. Can they do this...

No Notification of Overdraft, but Fees Accumulate

editor@bankingquestions.com — Mon, 26 Oct 2009 12:00:02 EST

I just received an overdraft notice charging me $400 for an overdraft in May 2009, for which I had received no previous notification. Is this legal for the bank to delay notifying me for four months...

Bank Allows Check: I Get Fees - Why?

editor@bankingquestions.com — Mon, 26 Oct 2009 11:00:02 EST

If funds are not in your account yet, why do banks allow a check to go through your account anyway, and then charge overdraft fees...

Wants Policies of Medallion Stamp Guarantee

editor@bankingquestions.com — Mon, 26 Oct 2009 10:00:02 EST

Can I obtain the policies and procedures of a medallion stamp guarantee provided by some banks...

A Hold in Massachusetts

editor@bankingquestions.com — Mon, 26 Oct 2009 09:00:02 EST

I am from Massachusetts. What is the normal length for a hold put on a check deposited in a bank in Boston...

About the Length of a Hold

editor@bankingquestions.com — Mon, 26 Oct 2009 08:00:04 EST

My bank put a seven day hold on a local check. They have spoken with the other bank and verified that it has cleared and been paid. Do they have the right ...

Using Uncle's CD as Collateral?

editor@bankingquestions.com — Fri, 23 Oct 2009 14:00:02 EST

My uncle has a CD and I'm buying a business. Can we use his CD as collateral, and ...

Brothers Change Places on Account: Legal?

editor@bankingquestions.com — Fri, 23 Oct 2009 13:00:01 EST

My brother removed my name from my mother's account without my permission. I was not notified by the bank when they added him to my mother's account...

How Valid is Memo Line Notation?

editor@bankingquestions.com — Fri, 23 Oct 2009 12:00:02 EST

On a disputed account, if I write "paid in full" on the check and the party involved cashes it, does that mean the account is settled...

Son Doesn't Pay Bill; Mom Gets Overdraft

editor@bankingquestions.com — Fri, 23 Oct 2009 11:00:02 EST

I put up my debit card at a car rental place for my son. He was to pay the balance when he returned the car. He did not pay. They did a force pay on my debit card causing ...

Can Bank Employees Access Safe Deposit Box

editor@bankingquestions.com — Fri, 23 Oct 2009 10:00:02 EST

I am unemployed and went to my safe deposit box to get all my jewelry (gold and silver), cash, etc. Some things were missing. Is there a way an employee could have gotten into the box...

Removing Wife's Name from Savings Account

editor@bankingquestions.com — Fri, 23 Oct 2009 10:00:01 EST

Can I remove my wife's name from my savings account without her being present...

No Cashing or Deposit because of Patriot Act?

editor@bankingquestions.com — Fri, 23 Oct 2009 08:00:01 EST

I attempted to cash a two party check, and was told that they could not legally do this as the original payee did not have an account with them. I was told that the patriot act prohibited this and ...

Requirements for Dealing with a Check

editor@bankingquestions.com — Thu, 22 Oct 2009 14:00:01 EST

In New Jersey, what is the UCC requirement for a paying bank to either pay a check presented or return it NSF, stop pay or other within 48 hours...

CU Verifies Check, Then Reverses: I'm Stuck!

editor@bankingquestions.com — Thu, 22 Oct 2009 13:00:01 EST

I received a check for several thousand dollars. My credit union put the usual hold on the funds until the check cleared. I called to check and was told the funds were available. Five days later, ...

Ring as Collateral?

editor@bankingquestions.com — Thu, 22 Oct 2009 12:00:02 EST

Do banks take ring appraisals as collateral for a personal loan...

Check Cashed Fraudulently: Now I'm Stuck

editor@bankingquestions.com — Thu, 22 Oct 2009 11:00:01 EST

I got a certified check from my bank to pay for a service, and mailed it to the rightful person. That person then claimed to have never received it, but when I called the bank, they said the check has been cashed. I believe that ...

Business Check Bounces: What to Do?

editor@bankingquestions.com — Thu, 22 Oct 2009 10:00:02 EST

I had personally deposited a check from my friend's business to my business account. After it was accepted, two days later, I noticed that they removed the amount from my account and charged me an overdraft fee of $35.00, just because ...

Wife Embezzles 100K, then Runs

editor@bankingquestions.com — Thu, 22 Oct 2009 09:00:01 EST

My wife and I are joint owners of a Vanguard money market account. Over the last 28 months, my wife removed $102,000.00 from this account without my consent or knowledge by forging my name on the checks. Is this a criminal offense...

Does '/' mean 'Or'?

editor@bankingquestions.com — Thu, 22 Oct 2009 08:00:02 EST

If the payee line of a check is written like this: John Doe/Doe Construction, would you assume the / means "Or" or ...

Bank Empties Life's Savings without Warning

editor@bankingquestions.com — Wed, 21 Oct 2009 14:00:02 EST

I was shocked recently to see my both my personal accounts go from almost six digits to zero without any notice or anything. I immediately called the bank and was advised that my business line of credit was called in, and the reason they emptied ...

When Will Account be Debited for Cashed Check?

editor@bankingquestions.com — Wed, 21 Oct 2009 13:00:00 EST

I gave a $10,000 personal check to a friend . He deposited it with BofA two weeks ago. I only checked now, and saw that my checking account was debited for only $1000. I called my friend and he explained that there was an error and the teller ...

Rules for Check Cashing Stores

editor@bankingquestions.com — Wed, 21 Oct 2009 12:00:02 EST

Must check cashing stores follow the same rules as banks? Do they take third party checks...

Posting Order for Deposits

editor@bankingquestions.com — Wed, 21 Oct 2009 11:00:01 EST

Are customer's deposits posted to their accounts before checks written are deducted...

Can Collector Freeze My Account?

editor@bankingquestions.com — Wed, 21 Oct 2009 10:00:02 EST

If I open a savings account and already have collectors hounding me, can a collector freeze my account and take payments without my consent...

The Timing of a Bad Check

editor@bankingquestions.com — Wed, 21 Oct 2009 09:00:02 EST

What if someone writes you a bad check and you deposit it into your account and then close the account before the check is processed, are you responsible for ...

Bank Pays Large Items First, then Assesses Fees

editor@bankingquestions.com — Wed, 21 Oct 2009 08:00:01 EST

Can you tell me why my bank processes items from largest to smallest amount when presented on the same day...

Responsibility for Stop Payment Fee

editor@bankingquestions.com — Tue, 20 Oct 2009 14:00:02 EST

Who is responsible for a stop payment fee? As far as I know, whoever has sent the check is responsible for the stop payment fee...

Counterfeit Cashier's Check = Real Problem

editor@bankingquestions.com — Tue, 20 Oct 2009 13:00:02 EST

I cashed a cashier's check and six months later it was returned for the reason of unable to locate an account. It was a counterfeit, and the name on the check and the bank they sent it to didn't match. My bank is now telling me I can't file ...

Bank Closes Account: Is there a Law?

editor@bankingquestions.com — Tue, 20 Oct 2009 12:00:02 EST

I had a checking account with a bank for almost a month. Then out of the blue, without any notice, the bank closed it and said it was due to having something old on Chexsystems. I dont see anything in my agreement relating to ...

Getting Paid for Labor on foreclosed Home

editor@bankingquestions.com — Tue, 20 Oct 2009 11:00:02 EST

I have a check that was endorsed by us and sent to a mortgage company. The check was to be deposited and withdrawals sent to us. We have now completed all work, and since the home is in forclosure, the bank is not releasing ...

Bank Cannot Prove POA for Account

editor@bankingquestions.com — Tue, 20 Oct 2009 10:00:02 EST

My cousin was allowed access to her mother's bank account. She signed where it states that she has power of attorney, but the bank can't provide a copy. Is the bank responsible to show proof of the power of attorney...

Bank Won't Cash Its Own Cashier's Check

editor@bankingquestions.com — Tue, 20 Oct 2009 09:00:02 EST

I have a Chase certified cashier's check for $42,300. I wish to cash it. With me being a customer, and it being their check, do they have to cash it...

Repeated Forgery: How do I Prosecute?

editor@bankingquestions.com — Tue, 20 Oct 2009 08:00:01 EST

I have a copy of a forged check from 2007. A family member took my checks and wrote a check payable to herself, forged my name, cashed it at my bank the same day. Can I still prosecute her ...

Identity Theft also Steals My Account Contents

editor@bankingquestions.com — Mon, 19 Oct 2009 14:00:01 EST

If someone called into my bank and pretended they were me, canceled two of my savings accounts, and had a cashier's check issued for the balance of both, can the cashier's check be canceled ...

CDs in Estate Account: Who Gets Them?

editor@bankingquestions.com — Mon, 19 Oct 2009 13:00:02 EST

My mother had CDs in her name only and my dad had to put the money into an estate account. What happens to that money now? Can my dad withdraw it...

Executor Empties Account before Estate Process

editor@bankingquestions.com — Mon, 19 Oct 2009 12:00:01 EST

The bank did not stop activity on my grandfather's account after they knew he was deceased and before the estate account was opened. His daughter cashed $50,000 worth of checks two days before ...

Finding Very Old Account

editor@bankingquestions.com — Mon, 19 Oct 2009 11:00:01 EST

I recently found out that my grandmother and I had a bank account that I had forgotten about. How do I find the account number so I claim my funds. This account is about sixteen years old or more...

Mentally Ill Daughter Writes Bad Checks: Liability

editor@bankingquestions.com — Mon, 19 Oct 2009 10:00:01 EST

My daughter is mentally ill and lives in another state. We have a joint account. Without my knowlege, she ordered a box of checks for this account. She wrote about twenty bad checks and ...

Trying to Get Money Held in Trust for Me

editor@bankingquestions.com — Mon, 19 Oct 2009 09:00:01 EST

I'm 20 years old I got bit by a dog when I was 10. My father sued the owner at that time. My money was kept in a CD in trust in my dad's name. The account has been there for about a decade now. The bank said I cannot take the money out without ...

Was This a Real ATM?

editor@bankingquestions.com — Mon, 19 Oct 2009 08:00:09 EST

I used an ATM machine inside a 7/11 store and was charged $9.66 for a $40 withdrawal. There was no screen informing me of the fee and no way to cancel the transaction. What can I do...

Can Revocable Trust own a NOW Account?

editor@bankingquestions.com — Fri, 16 Oct 2009 14:00:02 EST

In California, can a revocable trust, doing business as, be eligible to own a NOW account...

Name Removed from Business Account: Why?

editor@bankingquestions.com — Fri, 16 Oct 2009 13:00:01 EST

Can an officer or any person in my company remove my name from the checking account without my permission? I went to the bank and they said I was no longer on the account...

Wrong Wire - Where's My Money?

editor@bankingquestions.com — Fri, 16 Oct 2009 12:00:03 EST

How can I get money back that I tried to wire, but the account number was off by one digit...

When is Money Taken from My Account for Check?

editor@bankingquestions.com — Fri, 16 Oct 2009 11:00:02 EST

I wrote a check to someone and I want to know how long it takes for the money to be withdrawn from my account once the check is cashed or deposited...

Account Management Fee: Legal?

editor@bankingquestions.com — Fri, 16 Oct 2009 10:00:01 EST

Due to a change in the way the credit card company applied my variable interest rate, I opted out and they closed my account. They began to charge me an Account Management fee that makes my payment ...

Taking Notice of a Large Deposit

editor@bankingquestions.com — Fri, 16 Oct 2009 09:00:02 EST

If I make a large deposit into my checking account ($250,000) will it go unnoticed, or will bank officers be alerted to it...

Loan to Buy Land

editor@bankingquestions.com — Fri, 16 Oct 2009 08:00:02 EST

Do banks do 30 year loans for land purchases...

Pay $800 to Borrow $5000: Legit?

editor@bankingquestions.com — Thu, 15 Oct 2009 14:00:02 EST

I was approved for a loan of $5000, but must make a cash deposit of $768. s this legit...

Stopping Fraud in its Tracks

editor@bankingquestions.com — Thu, 15 Oct 2009 13:00:01 EST

My bank, new bank since the Federal Government sold mine off to them, had a computer call me because they suspected a fraudulent transaction. It was, and I found two more that had been approved and were pending. My bank said...