The deposits tag has no wiki summary.
5
votes
1answer
79 views
Can I get my payment back on a vacation booked with a company that went into receivership?
My friend booked a summer vacation with a resort/inn located in Ontario that has just gone into receivership. She paid in FULL with a credit card about a month ago.
Is there any way to get her ...
0
votes
1answer
63 views
EU deposit guarantee fund for failed state guarantee
I am not able to find reliable information on this topic. Generally speaking, all deposits in EU banks are secured by national guarantee fund up to about 100k. Image a national fund would fail because ...
2
votes
1answer
41 views
Ink Stamp for Depositing Checks
If I had a personal checking account that I made frequent small deposits into, would it be possible to use a custom stamp instead of a signature endorsement?
What information would need to be on the ...
6
votes
3answers
172 views
Is the money that you get back from deposits or rebates taxable?
Please help me understand if the following two items are taxable or if they should be included at all on the tax report:
Rent deposit. A few years ago, when I moved in my previous apartment I put a ...
0
votes
3answers
127 views
Why some banks require some particular software to take photos of checks for deposit?
Some banks accept photos of checks for deposit the checks. But they require some smartphone with some particular software. e.g. https://www.fidelity.com/mobile/android
I wonder why they would require ...
3
votes
1answer
816 views
Calculate Future Value with Recurring Deposits
I am familiar with the formula for calculating FV and compound interest of a deposit, but I am wondering if there is a formula that will allow me to calculate how much money I will have after ...
6
votes
2answers
161 views
what are the pros and cons of structured deposits?
This morning, I came across the term, structured deposits. As I am still learning about finance, I am quite curious on different types of deposits.
In layman's terms, What is a Structured Deposit?
...
4
votes
5answers
683 views
Are bank account numbers unique?
If somebody sends me money and I write the swift code wrong, will the money go somewhere else?
I know bank account numbers are unique within a bank, but will are they unique globally?
Update: I ...
1
vote
3answers
3k views
How can I deposit a check made out to my business into my personal account?
When I invoiced this company, my invoice specifically said to make it payable to me personally, not my business (since I don't have a business account besides PayPal). Unfortunately, they made it out ...
2
votes
1answer
76 views
In case of Islamic banking what is the technique of adding profits to long-term deposits?
As we all know that Islamic Banking avoid interests.
Then, what is the technique of adding profits/returns to short/long-term deposits or any deposit?
1
vote
3answers
913 views
Deposit money to credit card
Let's say I know a credit card number and the card doesn't belong to me, can I deposit money on that credit card? The receiver will not object getting extra money. But is this possible and how you do ...
3
votes
2answers
60 views
Overspending on an IRA issues
I have an IRA with a discount online brokerage company and somehow they let me overspend on my account. I bought something and I ended up paying more because the transaction went through the day ...
0
votes
1answer
158 views
Cashable, Depositable Or Redeemable On Invoice?
I will be issuing invoices to my customer very soon. I don't know whether I will be cashing or depositing the cheque sent in for payment. What is the best way to communiate this to my customers? ...
3
votes
1answer
250 views
If I default on my mortgage do I get my deposit back as a % of the sale of the property?
Say I put down 50% deposit on a house (in the UK), and the other 50% is provided through a mortgage, what happens if I default? Does the bank walk away with the property and the potential of selling ...
2
votes
1answer
66 views
Difference between clearing a check and hold on funds
Quick question on banking terminology:
Can a check deposited in a U.S. bank clear, but still have the funds be subject to a hold?
Or are clearing and not having a hold the same thing?
6
votes
3answers
405 views
Can my significant other deposit a check made out to me?
We share a bank account; if the check is made out to me personally, can I have my other half run it to the ATM while I'm at work? Also, is it legal to do so?
3
votes
1answer
205 views
What do I risk by having deposited US Dollars in a Certificate of Deposit in a Greek bank?
I have US$ in CD in a Greek bank. What would happen if the bank folded, or Greece withdrew from the Euro/EU, or if there was a (even more) major financial crisis in Greece?
3
votes
1answer
120 views
How to handle Client Deposits in Xero (or any finance software, really)
This is likely a novice question and (hopefully) easy to answer.
I'm a web & software designer/developer and using Xero to manage finances. With new contracts I require a deposit of 30% of the ...
3
votes
1answer
68 views
Deposit insurance in India: Is the limit per deposit, or per individual?
Is the deposit insurance of 1 lakh, per deposit or per individual (PAN)? If it is per deposit, would it be better to have for example 4 FDs of 1 lakh each instead of one FD of 4 lakh? (Of course it ...
9
votes
2answers
132 views
Can I recover my deposit (for a future purchase) from a company whose assets are frozen?
We recently paid a catering company $1400 as a deposit for our upcoming wedding. The company was highly recommended by a number of previous clients and had been in business for over a decade. Then ...
1
vote
3answers
91 views
Restricting a check from being deposited via cell phone
Call me paranoid but I really don't like the idea of someone depositing a check I gave them via a snapshot on their cell phone. I would prefer the check to go to a bank and not be stuffed in some ...
2
votes
2answers
429 views
Camera phone check depositing risks
What risks are there in using a camera phone to deposit checks that are given to me?
To clarify: my risks.
To clarify: checks given to me.
4
votes
1answer
98 views
Meaning of “readily transferable”?
From Wikipedia:
Cash instruments are financial
instruments whose value is determined
directly by markets. They can be
divided into securities, which are
readily transferable, and other ...
5
votes
3answers
11k views
How can I have someone deposit a check for me?
I'm currently out of US territory, someone needs to pay me, so he made a check to me, with my name and CHASE account number on it, of course.
Can I ask some other friend to go and deposit that check ...
7
votes
2answers
267 views
moving family deposits away from Greece (possibly in UK)
Me and my family are worried about the current financial situation in Greece and want to move our deposits away to an another more stable country. Is this too much? We've seen other people doing it.
...
3
votes
3answers
547 views
Which banks have cash-deposit machines in Germany?
Which banks in Germany have machines that you can put cash in and it appears on my bank account (opposite of cash withdrawal)?
I am not interested in the kinds that you put the cash in the envelope ...
4
votes
1answer
1k views
How long do direct deposits take to go through?
eBay listed the status as "paid" last Friday for some sales I'd made, and that it would be deposited to the bank account I have on file.
It's Monday and I haven't seen any changes in my online ...
0
votes
1answer
168 views
Why are “random” deposits bad?
The deposits of private investors often consists of random securities, caused by tips of friends, banks and exchange newspapers. It is said that the ratio of risk and return cannot be optimal like ...
2
votes
1answer
430 views
What are advantages of certificate of deposits compared to a deposit account?
As far as I know when someone wants to deposit money in a bank he can choose between a deposit account and a certificate of deposit. With a deposit account a person is assigned an account bound to his ...
15
votes
2answers
933 views
What are the advantages of a Swiss bank account?
I've heard about bank accounts in Zurich / Switzerland, but I don't fully understand the unique advantages of swiss bank accounts. What I do believe about these (but don't know for sure):
They ...
7
votes
3answers
2k views
US Bank placing a hold on funds from my paycheck deposit: Why does that make sense?
I've just received my first paycheck in four months (yay!). In the meantime, my bank account went about $150 negative. That's one of the reasons I deposited my paycheck into that bank account - I ...
8
votes
2answers
130 views
How and where can I deposit money to generate future payments / income?
My Question.
What do I deposit now, today, to pay myself $300.00 per week,i.e. $15,600.00 annually at 5% interest for 10 years? What kind of or type of financial institution do I deposit the
in? A few ...
