Q&A :Banking

BoA Closed my Accounts and Froze my Funds. How can I get money back besides cashier's check?

Earlier this week I had tried to buy food with my debit card but the transaction was declined. I immediately contacted my bank (BoA) and was told there was a note left...

ACH File Transmission

Is there any desktop software, either web based or desktop based, to transmit ACH File request to the financial institution? I saw some ACH File creation applications...

Changing Bank Account Number regularly to reduce fraud

4 others and myself are going through the motions of renting a student accomodation in the UK. So far we have had to pay a holding fee to secure the flat. To do this we...

why is buying trading-stock from cash not regarded as an expense?

First of all I understand that bank money is an asset and so is trading-stock, but why is buying trading-stock not regarded as an expense to the business?

If I deposit money as cash does it count as direct deposit?

If I deposit money as cash does it count as direct deposit ? I am asking before I got an offer from a bank if I do one direct deposit within 90 days. Free money is good.

How can I check if any accounts were recently opened in my name

Someone just tried to open a Paypal credit account in my name. I was able to get the account closed and the charges revoked, but now I need to make sure there is nothing...

Can my bank automatically pay my credit card company without my consent?

I am going through a rough financial period and have not been able to pay the minimum on my credit card, however i noticed that as soon as money came into my checkings...

necessary bank information to receive wire transfer from abroad

One of my clients will send money to my bank account in my country S.Korea from his bank account in E.U. country. I sent the bank info (A/C No., SWIFT CODE, My and Bank...

Where was the huge scandal in the Wells Fargo scandal?

(I put this question here because I’m focusing more on the financial aspect for consumers, not the political aspect for the government. Sorry if it’s not a...

Being in the US as a European citizen, trying to open an account in Europe

I am currently in the US, as a European citizen, but planning to travel to Europe soon. I am looking to open an account in Europe before leaving the US, so I can wire...