What do you know about banks not accepting cash deposits into accounts when the person has the account number?

He banks with Chase, so armed with his account number, I drove to the nearest branch to make a deposit. Since when do you not accept a cash deposit into a legitimate account? Are they trying to steer people toward using wire service and collect the accompanying fees? The sad part of the equation is that they sent me home 10 miles round trip to get my checkbook and not only did they then gladly accept the deposit, but issued immediate credit to the account.

The change, which was adopted last month, "is being made only to combat misuse of accounts, including money laundering," said Chase spokeswoman Emily Smith.

With "quick pay," a customer can use a smart phone to transfer money from his account directly into another person's account. For more information, go to: To make a cash deposit into a consumer account, customers must provide identification and be either an account owner or an authorized signer on the account.

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At Huntington Bank, there are no restrictions regarding cash deposits by people not listed on an account, said spokesman William Eiler. Third Federal Savings also doesn't currently have any restrictions on depositing cash into another person's account.

My husband and I have a home equity loan in both our names that is going to end this year. We do not want to renew it. We have no need for it. We only used it once for a small amount many years ago, paid it back right away and never used it again. We really do not want to pay the annual fee for something we never use.

Also, we might be selling the house in the future, so we might want to close it at that time anyway. We are concerned about what closing this would do to our credit ratings. We know the bank is going to start asking us to renew it, so we were hoping to get some advice from you before then. Our current ratings are both excellent -- over First of all, a person's credit score never improves by closing a credit line or credit card.

That said, it doesn't necessarily make sense to pay an annual fee for a credit line you absolutely don't need and haven't used in opcje binarne forex forum. However, you didn't say whether you plan to buy a new home after you sell the current one. If you think you might take out another mortgage any time soon, I wouldn't shut down this credit line until you close on the new loan.

When you're getting ready to make a major credit move, you don't want to do anything radical with your credit by opening or closing new accounts, how to get a money order at chase bank running up a bunch of new purchases.

Even if you're not taking out a new loan, here's the issue to keep in mind: A big part of your credit score depends on the percentage of available credit that you're using.

How to Cash a Money Order: Where to Go and What to Do

If you have tens of thousands in available credit and use 25 percent or less in a given month, then you're in good shape. But if closing this credit line means you'll push your credit-in-use to more than 25 percent at any time in the month, then you'll want to consider whether you really should close this line at all. Remember, the credit scoring formulas don't know whether you will pay off your current bill in full next month.

So it assumes your balance on your last statement will be your balance next bloomberg trading system. You know you'll pay off that bill next month, and I know you'll pay off that bill next month, but the credit algorithms don't. My daughter recently fell for the Nigerian scam where you accept a check from an individual, deposit the check in your checking account, then buy goods and send that to some address while keeping some of the money for yourself.

Her checking at PNC bank was closed as bonus no deposit forex metal result.

Exchange forex market foreign trade opened a new checking account at How to get a money order at chase bank since she needs an account to pay back her student loan.

This account was put on hold by an outfit called Early Warning System. When my daughter contacted Early Warning System, they would not tell her why they had the account closed.

They want her to fill out some forms which included her Social Security number, driver's license number, etc. This just smells to me. Can you provide any guidance on this outfit. KeyBank spokeswoman Drez Jennings said Early Warning Services is a resource used by Key and many other major banks to evaluate potential banking relationships.

Your daughter was flagged either because of the fraud with her PNC account or because of past bounced checks.

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As part of that evaluation by EWS, the company typically requests personal information, Jennings said. Since you and your daughter are rightfully skeptical about anyone asking for personal information, Jennings said your daughter should validate the contact information for EWS before she provides any personal information.

Talk to your teen and young adult children about landmines like these scams. You should make sure your children are always comfortable and aren't embarrassed to ask you about anything they're not sure of.

It's a big, nasty, complicated financial world out there and it's much more difficult to navigate than it was 15 or 20 years ago. We look forward to sharing with you some of the great content found on cleveland. To view and subscribe to any of our other newsletters, please click here. Registration on or use of this site constitutes acceptance of our User Agreement and Privacy Policy.

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