BankingQuestions.com

Retirement Check Received After Death

editor@bankingquestions.com — Fri, 20 Nov 2009 14:00:02 EST

My dad received a check from my mom's retirement fund a week after her death. She authorized the funds to be paid out before her death. Can we deposit this check ...

Removing Spouse's Name from Joint CDs

editor@bankingquestions.com — Fri, 20 Nov 2009 13:00:03 EST

I am about to be divorced and part of the settlement is that I receive most of the joint CDS. How do I go about removing my spouse's name from them...

About the Rights of Check Cashing Places

editor@bankingquestions.com — Fri, 20 Nov 2009 12:00:02 EST

Does a grocery/liquor store have the same legal right of �holder in due course� as does a check cashing store, if it cashes what appear to be payroll checks that later turn out to be fraudulent, unauthorized, or counterfeit...

Son is Robbing Incapacitated Mother Blind

editor@bankingquestions.com — Fri, 20 Nov 2009 11:00:03 EST

My brother has stolen over $20K from my mom. He lives upstairs from her and takes her mail. He's been signing her name to her checks. What should I do...

Redeeming an Inherited CD

editor@bankingquestions.com — Fri, 20 Nov 2009 10:00:02 EST

I live in Pennsylvania. My uncle, who lived in California, just died. He left me a CD. Do I have to fly to California in order to cash in the CD...

Misrouted Check takes Three Months to Fly Right

editor@bankingquestions.com — Fri, 20 Nov 2009 09:00:03 EST

I am a landlord who should have received payment from the property management company; however, the renter's payment was misrouted by the bank, so the property management company has never received the check. It has been three months, is there anything...

Getting Infomation about Safe Deposit Box

editor@bankingquestions.com — Fri, 20 Nov 2009 08:00:06 EST

My husband opened a safe deposit box when we were separated. He passed away in January. What are my rights...

Misrouted Check takes Three Months to Fly Right

editor@bankingquestions.com — Thu, 19 Nov 2009 14:00:04 EST

I got a cashier's check to send to my son. He is expected to be in the hospital for about a month . I have my yellow copy of the cashier's check. How can it be cancelled so that ...

Bank Admits Error, Still Wants Payment from Me

editor@bankingquestions.com — Thu, 19 Nov 2009 13:00:05 EST

I wrote a check to my landlord that clearly states $900.00, both in numbers and words. The bank cashed the check for $9.00. I contacted them about this and they said it was their error. I waited two months...

Is Amount of Check in Words Necessary?

editor@bankingquestions.com — Thu, 19 Nov 2009 12:00:03 EST

Does the amount on a company payroll check have to be written out or can it just appear as the number...

International Transfer of Funds

editor@bankingquestions.com — Thu, 19 Nov 2009 11:00:01 EST

I'm transferring money from England to the United States. What do I need to know...

Using Personal Account for Company Business

editor@bankingquestions.com — Thu, 19 Nov 2009 10:00:06 EST

I got a job from the internet. The contact was from the office in Australia and paperwork was provided to me for the position as well as contact information. I am processing orders for my two week training period using my personal account...

Bank Wants Immediate Deposit for Overdraft

editor@bankingquestions.com — Thu, 19 Nov 2009 09:00:05 EST

I have two checking accounts in the same bank. I am overdrawn on one for $280.00 for almost twenty days. I am in Europe now. I contacted the bank and I was told that I have to deposit immediately or...

Can I Terminate a Loan?

editor@bankingquestions.com — Thu, 19 Nov 2009 08:00:04 EST

I am trying to buy a truck, and I went through the dealership, got all the paperwork, went to the bank and have the loan approved and the paperwork done. However, I have yet to get the truck due to the bank's incompetency...

Paying Interest Only on a Car Loan?

editor@bankingquestions.com — Wed, 18 Nov 2009 14:00:02 EST

I am out of work. Will a bank will let you just pay interest on a car loan...

Double Payee Check in My Account?

editor@bankingquestions.com — Wed, 18 Nov 2009 13:00:01 EST

I have a insurance claim check made out to my mortgagee and me. Can I deposit it in my account...

Bank Continues to Debit Account After Death

editor@bankingquestions.com — Wed, 18 Nov 2009 12:00:14 EST

Once a bank knows about the death of a customer, can they continue to ACH (debit) his checking account for monthly bills...

Suspicions, but No Will

editor@bankingquestions.com — Wed, 18 Nov 2009 11:00:04 EST

How do I find out it if my deceased mother had any bank accounts? There is no Will and will be no probate...

Borrowing from My Own CD?

editor@bankingquestions.com — Wed, 18 Nov 2009 10:00:01 EST

I am two payments behind on a note and I borrowed the money against a CD I have. Can I take the money out of the CD and catch up on the note...

One Check to Contractor and Suppliers: Normal?

editor@bankingquestions.com — Wed, 18 Nov 2009 09:00:05 EST

A roofing contractor has asked that I write a single check to its company and two other companies. Is this a common/acceptable practice...

Home Equity Loan for Seller Financing

editor@bankingquestions.com — Wed, 18 Nov 2009 08:00:07 EST

I have a mortgage with seller financing. Is it possible to get a home equity loan for $10K from a commerical bank, even though the original mortgage is being held privately...

Funds on Hold: Bills Pending: What to do?

editor@bankingquestions.com — Tue, 17 Nov 2009 14:00:01 EST

I deposited $1000 into an account for a bankruptcy lawyer. I owe Capital One. Today I went to cash a check for $20 and they told me that the credit card company had my money on hold...

Third Party Check Problem

editor@bankingquestions.com — Tue, 17 Nov 2009 13:00:02 EST

I deposited a third party check that was endorsed to me into my account. After three months, it came back as a collection on my bank account and put into overdraft. What do I do...

Putting a 'Watch' on My Account

editor@bankingquestions.com — Tue, 17 Nov 2009 12:00:02 EST

My cleaning lady lost a check (out into the wind) and I wanted to see what the fees were for stopping payment. I wondered if a watch could be put on my account ...

Check Cleared: Paid: Bank Says No

editor@bankingquestions.com — Tue, 17 Nov 2009 11:00:02 EST

Is it possible for a check to clear my bank, show paid on my statement, and yet the receiving bank claims they never received the funds...

How to Open a Trustee Account

editor@bankingquestions.com — Tue, 17 Nov 2009 10:00:02 EST

am a beneficiary in my father's Will. My son was assigned as my trustee. He wants to know how to open a trustee account...

They want my Information: Should I Send it?

editor@bankingquestions.com — Tue, 17 Nov 2009 09:00:03 EST

I received a request for my banking information to wire transfer a large sum of money that I inherited. This has been going on for three years. What are the risks involved...

Another Scam...am I Liable?

editor@bankingquestions.com — Tue, 17 Nov 2009 08:00:01 EST

I deposited money orders in my account. The bank cleared them. They are now telling me that they are fradulent. Am I responsible for the overdraft...

Withdrawing from ATM with a Credit Card

editor@bankingquestions.com — Mon, 16 Nov 2009 14:00:02 EST

Is it possible to withdraw monies from an ATM using a credit card without a PIN...

Two Banks Closed: Where's My Money?

editor@bankingquestions.com — Mon, 16 Nov 2009 13:00:01 EST

I had a secured credit card with Providian Bank. They closed and it was re-issued with Washington Mutual and now JP Morgan. The problem is, I dont know where my security deposit is...

Determining Where a Check was Cashed

editor@bankingquestions.com — Mon, 16 Nov 2009 12:00:02 EST

How can I tell where a Social Security check was cashed...

Payee Names Separated by Semicolon: What?

editor@bankingquestions.com — Mon, 16 Nov 2009 11:00:02 EST

I received a check made out to myself and another person. Our names are separated only by a semicolon. Does that mean only one of us has to endorse the check in order to deposit it or ...

Letter of Guarantee to Cash Joint Check?

editor@bankingquestions.com — Mon, 16 Nov 2009 10:00:01 EST

We are a sub-contractor. We received an endorsed joint check from the general contractor, made out to both parties. This is normal, however our bank requested the bank of the general contractor to supply a stamped letter of guarantee...

Automatic Payment too Automatic

editor@bankingquestions.com — Mon, 16 Nov 2009 09:00:02 EST

Is it legal for a company to take an automated payment without my consent...

Check Stolen and Cashed: What to do now?

editor@bankingquestions.com — Mon, 16 Nov 2009 08:00:01 EST

I received a check from my cell phone company. It was stolen from me and cashed. The cell phone company is telling me to contact the bank that cashed the check and that bank is telling me ...

Tall Problem with Short Sale

editor@bankingquestions.com — Fri, 13 Nov 2009 14:00:03 EST

y step-daughter made an offer on a house seven months ago, which was a "short-sale"; the residents were being evicted. The price offered was accepted by the bank; therefore, no one else has been able to look at the house and/or make an offer...

Converting Trust Checks to CDs: Possible?

editor@bankingquestions.com — Fri, 13 Nov 2009 13:00:05 EST

My husband and I have two checks made out to each of our trusts and we would like to open CDs just in our names, without having to take our trust papers into the bank to show proof, is this possible ...

Combining Accounts of the Deceased

editor@bankingquestions.com — Fri, 13 Nov 2009 12:00:04 EST

My husband passed away 9/26/09. His checking account was the only account that was not joint. What do I need to do to put that money in with the rest that was in a joint account...

Bank Freezes POD Account

editor@bankingquestions.com — Fri, 13 Nov 2009 11:00:03 EST

I am beneficiary on a POD account from my father. I left enough money in the account to pay a few mortgage payments and to pay for the funeral. Without my knowledge, the bank froze the account and ...

'Collecting' on My Deceased Mother's Account

editor@bankingquestions.com — Fri, 13 Nov 2009 10:00:02 EST

What kind of trouble can I get into for collecting on my deseased mothers account...

Can Employer act as a Bank?

editor@bankingquestions.com — Fri, 13 Nov 2009 09:00:04 EST

Can employers cash checks for their employees...

Best Account to Accrue a 'Ton of Money'

editor@bankingquestions.com — Fri, 13 Nov 2009 08:00:08 EST

I'm eighteen years old and would like to get some type of account that will accumulate compound interest so that when I'm sixty-five, it will have accumulated a ton of money. What is a good...

Finding Scattered CDs

editor@bankingquestions.com — Thu, 12 Nov 2009 14:00:02 EST

My mother is now deceased and had a large amount of money. She had CDs in numerous unknown banks with the beneficiaries being her children and grandchildren. We don't know where these are. Is there a cental location ...

Direct Deposit Goes to Someone Else's Account

editor@bankingquestions.com — Thu, 12 Nov 2009 13:00:02 EST

If my money is direct deposited into someone else's account, but my name is not on the account, how can I remove my money from that account if the account-holder refuses to cooperate and won't give me the account number...

I Get Safe Deposit Box Contents, but I Lost Key

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

My best friend died and I lost the safety deposit key to his box. Am I entitled to what's in the box? I can't get another key...

Are My Money Orders Fraudulent?

editor@bankingquestions.com — Thu, 12 Nov 2009 11:00:02 EST

I received two USPS money orders for $950 each, for mystery shopping, but I'm new to it, and don't know if I'm being scammed. They want me to wire $1550 of the $1900 from the money orders to someone else...

Stop (and Go) Payment on My Check

editor@bankingquestions.com — Thu, 12 Nov 2009 10:00:02 EST

I stopped payment on a $500 check three hours after giving it to a contractor on 10/8/09. It showed up as a miscellaneous debit on 10/13 on my account. Customer service said it was forced through even thought there was a stop payment and ...

How to Get Forgotten ATM PIN

editor@bankingquestions.com — Thu, 12 Nov 2009 09:00:01 EST

I have forgotten my ATM PIN. Is it possible to get that number somehow...

OCC 'Suggests'; Bank Chooses its Own Option

editor@bankingquestions.com — Thu, 12 Nov 2009 08:00:05 EST

My card and PIN was stolen and used for a period of five months. A huge amount was taken! The bank only paid back the amount in the last sixty days. We filed a complaint with the OCC and ...

Signatures Needed for Partnership LLC

editor@bankingquestions.com — Wed, 11 Nov 2009 14:00:01 EST

How many signatures are required to open or close a business account in the form of partnership-LLC...

Joint Owner Responsible for All Debts?

editor@bankingquestions.com — Wed, 11 Nov 2009 13:00:02 EST

I am on my dad's checking account. When he passes away, can his creditors hold me in any way responsible...

Deposting and Transferring

editor@bankingquestions.com — Wed, 11 Nov 2009 12:00:02 EST

Can I deposit cheques from a branch of the same bank where I live, but where I do not have an account and ask them to deposit it in my account ...

Issuing Paychecks on a Bank Holiday

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

Is it illegal for an employer to issue paychecks on a bank holiday...

Cashing a Three-party Check

editor@bankingquestions.com — Wed, 11 Nov 2009 10:00:02 EST

My deposit check that has my name, along with my two other roommates' names has been deposited into one of my roommates' accounts, and the bank required only one signature. My roommate refuses ...

Rebuilding Home and Negotiating Mortgages

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

We are considering tearing down our home and building a new one. What will happen to our current mortgage during construction and after completion...

Disabled Veteran wants Business Loan

editor@bankingquestions.com — Wed, 11 Nov 2009 08:00:03 EST

I want to start my own business. I have no collateral. Is there a possibility to get the bank to cover 70% of my start up cost? I am a disabled veteran, and I understand that helps, but...

Getting a Loan After Bankruptcy

editor@bankingquestions.com — Tue, 10 Nov 2009 14:00:02 EST

I am wondering how difficult it would be to obtain a small business loan if I have filed bankruptcy in the last year...

Taxed on Deposit?

editor@bankingquestions.com — Tue, 10 Nov 2009 13:00:02 EST

Can I be taxed if I deposit funds into a savings account, in excess of 15K...

27 Year Old Account Still There?

editor@bankingquestions.com — Tue, 10 Nov 2009 12:00:02 EST

I found a savings statement from '92 with United Penn Bank from Wilkes Barre, PA. I was wondering if it was still a current savings account, because I never closed it out...

Check Good for Two Weeks, then Not

editor@bankingquestions.com — Tue, 10 Nov 2009 11:00:02 EST

A fraudulent out-of-state check was deposited to my bank account on Sept. 1, 2009. It was posted as good right away, and on Sept. 15, it showed as no good. Was my bank negligent ...

Activity Continues in Frozen Account

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

My mother-in-law passed away in March. My husband went into the bank with the death certificate to have the account frozen while in probate. Later, Kevin learned that the $4,000.00 went down to $700.00. I thought ...

Will states one thing: Brother says another

editor@bankingquestions.com — Tue, 10 Nov 2009 09:00:03 EST

My mother and her brother are named in my grandmother's Will to split things 50/50, but was on her account, to write checks for her, and says now that she has passed, he said he gets the money...

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...