How many times can you withdraw money from checking account in bank of america?
I know that I can only withdraw 3 times from my saving account in BOA, but I don't know how many times I can do that for my checking account. Does anybody know how many times you can withdraw from your checking account in BOA? Also, I use only eBanking, and not myaccess checking, and I only use regular saving for my saving account, as well.
If I owe money at Bank of America on checking account?
Bank of America closes all accounts that have been overdrawn for 90 days and reports them to Chexsystems. So, if its been 90 days, you might have a hard time opening another account. If you do open another account somewhere else, it is very unlikely that they will take any money out of your new account. I used to work there and had people who owed money for years and never had anything taken out of any other account.
Bank of America checking: Can you withdraw more cash than is in your account?
Brad (above) nailed it (the fees) and YES, it is possible to overdraft with an ATM cash withdrawl --- if the right circumstances exist. Recently, I accidently paid for a car repair with my debit card instread of my credit card. The debit was processes on a friday night and over-drafted my account by $65 (before fees). On Saturday morning, I withdrew $100 cash at the ATM and when I check my receipt I was negative $225. How nice of them to provide me cash from an overdrawn account ! I was able to plead my case and get cash overdraft fees back but the lesson I learned is that debit cards are not worth it and I no longer carry it in my wallet.
Will bank of america let me overdraft my checking account from an atm machine?
it depends on if the money is available in your account at the ATM.
Bank of America Cash Withdrawal Question?
This is probably a dumb question...but can you withdraw cash from your checking account without having your check card....not at an ATM, but inside of a real banking center?
Is there a counter withdrawal limit at Bank of America?
I have an ATM limit of $1000 per day. I'm buying a motorcycle and need to have $3000 cash, so do I have to withdraw $1000 a day or can I go to a branch and withdraw $3000 in one day?
Can you cash a check at Bank of America if you have a negative balance?
I've been cashing my checks just fine at Bank of America until the day that I went in and they told me that I had a negative balance. They also told me that I've had the negative balance since LAST month....How was I able to cash all my paychecks if I had a negative balance? What's even more ridiculous is that fact that they didn't tell me that I had a negative balance when I went in to cash my checks.....Is there anything I can do about this? responses appreciated.
Can I overdraft my bank of America account at any ATM?
I guess I’m dumbfounded by some of these questions lately about Bank of America. Doesn’t it make common sense to the author of the question that any ATM you use to draw money from your Bank of America account will communicate electronically back to that account, so it is only logical that YES you can overdraft your account, no matter where you bank. And as far as the bank giving you cash for money you don’t have in your account, I doubt they will give you that cash. Overdraft is mainly for checks written. And why is it so important a thing to keep speaking of overdrafting. Why not keep enough money and keep track of your expenses so that this will not happen.
Does the bank flag my checking account for the IRS if I receive a large check (around $10,000)? Does the bank flag large deposits between individuals? Would receiving 2 checks of $5,000 mitigate this problem?
DO NOT break up the payment into multiple deposits. This is called “structuring”, and it is illegal even if you are not doing anything else illegal. Seriously. A former speaker of the house of Representatives went to federal prison for this, even though he was not convicted of any other crime.A single deposit of $10,000 is not suspicious. Deposits of that size happen all the time for all kinds of innocent reasons.And even if it were, it would not be reported by the bank. The bank only must report cash transactions or suspicious patterns. When considering whether transactions are suspicious, they tend to err on the side of staying out of their customers’ business. They will say: “Are we required to report this? No? Okay then.”So lets say they did report it to FinCen. The authorities would put it in the archive and forget about it. They have better things to investigate than kids getting checks from their parents.But let’s suppose that it was “red flagged”. FinCen would request information from all your bank accounts, and discover that you are probably not an international criminal money-laundering operation. The IRS would see that the deposit came from a family member, who paid taxes on it.But lets say you were audited. Contrary to myth, an audit is often not a big deal. You send the IRS copies of everything, and give them an explanation for why your $10k deposit was not reportable. That’s the end of it. A small hassle, but you don’t avoid it by illegal structuring.
Is there a limit on the amount of cash you can withdraw from a bank teller at once?
You can withdraw any amount you want. If its a large amount you need you may have to give the bank a couple days notice. Depositing money is different. I once deoosited 15k and the bank asked me where i git this .oney. If i didn't tell them they would call the police and report it as drug money so i had to fill out a form. Leaving or returning to a country you can't have more then $10,000 on you. If you do and customs finds it they will confiscate your money. I seen this happening in Calgary Int. Airport to a chinese couple.