Personal Banking

A:

It is possible to open a checking account with no initial deposit. On its website, First National Bank indicates this as one of the key features of its basic checking account. Nationwide also has a no-initial-deposit option, but a $25 minimum monthly direct deposit is required.

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    Q: What Is the Definition of Withdrawal Slip?

    A: A withdrawal slip is a bank document on which a person writes the date, account number and amount of money to withdraw from a bank. It is called a withdrawal slip because it is used to make a withdrawal from a person’s account. It includes important information that allows the bank to keep an accurate record of the withdrawal and provide the required amount.
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    Q: Where Is the Account Number on My Debit Card?

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  • Can I Check My Bank Account Balance Online?

    Q: Can I Check My Bank Account Balance Online?

    A: When a consumer banks with a company that offers online banking services, he is typically able to check account balances online. Some bank customers neglect reconciling and monitoring account activity because of the convenience of reviewing account balances online, according to Bankrate.
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  • How Do You Change a Debit Card PIN Number?

    Q: How Do You Change a Debit Card PIN Number?

    A: To change a debit card PIN number, customers must contact their banking institution by phone or in person, and verify their identities through a series of security questions. Once the customer's identity is verified, he or she will be instructed to enter a new PIN number into a bank keypad or their telephone keypad. There are also some banking institutions that allow their customers to change their debit card PIN number online.
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  • What Is the Difference Between Chapter 7 Vs. Chapter 13 Bankruptcy?

    Q: What Is the Difference Between Chapter 7 Vs. Chapter 13 Bankruptcy?

    A: Nolo defines Chapter 7 bankruptcy as when an individual asks the courts to erase a majority of the debts that he owes and Chapter 13 bankruptcy as when an individual applies for a repayment plan to pay back either all or a percentage of his debt over a specific period of time. A bankruptcy trustee is allowed to take non-exempt property if the individual files for Chapter 7 bankruptcy.
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    Q: How Long Does It Take to Get an Unemployment Check?

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  • How Do You Cash a Check If You Don't Have an ID?

    Q: How Do You Cash a Check If You Don't Have an ID?

    A: According to the United States Uniform Commercial Code, a person must be identified as the authorized recipient of a payable instrument to transform it to cash. Even though there is no universal identification requirement in place, a form of ID is typically required to cash a check at a bank.
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  • What Are Disadvantages of Electronic Funds Transfer?

    Q: What Are Disadvantages of Electronic Funds Transfer?

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  • What Is the Difference Between a Credit Union Vs. a Bank?

    Q: What Is the Difference Between a Credit Union Vs. a Bank?

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  • What Is the Definition of "certified Funds"?

    Q: What Is the Definition of "certified Funds"?

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  • Is It a Long Process to Refund a Debit Card?

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    Q: What Is a Check Endorsement?

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  • How Long Does It Take for a Check to Clear?

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  • Do Cashier's Checks Expire?

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  • What Can You Use a SMS Payment For?

    Q: What Can You Use a SMS Payment For?

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  • What Grocery Stores Cash Money Orders?

    Q: What Grocery Stores Cash Money Orders?

    A: A select few grocery stores cash money orders, including Giant Eagle, Food Lion, Food Land and Publix. In addition, some chain stores, such as CVS and Ace Check Cashing, also cash money orders.
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  • What Is the Purpose of Petty Cash?

    Q: What Is the Purpose of Petty Cash?

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  • What Is Brazil's Money Called?

    Q: What Is Brazil's Money Called?

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  • Where Are Coinstar Locations?

    Q: Where Are Coinstar Locations?

    A: Coinstar offers a kiosk finder on its website to allow customers to find a location using their city and state or zip code. Kiosks are located throughout the United States, Canada, the United Kingdom, and Ireland.
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  • What Is the Importance of Computers in the Banking Industry?

    Q: What Is the Importance of Computers in the Banking Industry?

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  • What Is a Stale Check?

    Q: What Is a Stale Check?

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