Topic: Allowable Cash Bank Deposits
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Answers to Common Questions
How much cash is allowed to deposit into a bank account?
There is actually no limit to the amount of cash you can have in your account. but there are certain rules in india 1. If you deposit cash of > Rs. 49,999/- you need to provide your PAN number during the transaction 2. If you deposit cash o... Read More »
Source: http://wiki.answers.com/Q/How_much_cash_is_allowed_to_deposit_int...
How to Deposit Cash Into a Bank Account
Bank accounts are one secure way to store money. You may choose to have a savings or checking account. A savings account is designed for saving and accumulating a sum of money. A checking account may be used for convenience, such as for wri... Read More »
Source: http://www.ehow.com/how_6666234_deposit-cash-bank-account.html?re...
When will a bank report a cash deposit?
A Bank will report a cash deposit under the following circumstances: a. If the amount deposited is huge (Usually over $5000 or more) b. If the funds are deposited from an overseas bank account c. Numerous deposits of small value (less than ... Read More »
Source: http://wiki.answers.com/Q/When_will_a_bank_report_a_cash_deposit
More Common Questions
Answers to Other Common Questions
In most cases, when you deposit a non-U.S. bank check into your account, the bank places a hold on the deposit and sends the check out to collections. Collections refers to the bank process of verifying the international account, the accoun...
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Source: http://www.ehow.com/how_7701466_deposit-nonus-bank-check-cash.htm...
Many account holders attempt to deposit transit checks, which are checks drawn from other financial institutions, as cash. People prefer to deposit checks as cash because cash deposits normally post on the same business day, whereas transit...
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Source: http://www.ehow.com/how_7589268_deposit-transit-check-cash-bank.h...
Bank of America does at the ATM at their branches. BOA might let you Deposit via ATM. But USAA lets you SCAN the front and back of a check for deposit into your bank. If you have an iphone you can even do it with the built in iphone camera....
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Source: http://wiki.answers.com/Q/What_banks_allow_scan_deposits
25000 thousand
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Source: http://wiki.answers.com/Q/How_much_cash_can_you_deposit_in_a_bank
Bank dr to sales
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Source: http://wiki.answers.com/Q/What_is_the_journal_entry_for_cash_sale...
The journal entry would be: Bank A/c Dr To Cash A/c
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Source: http://wiki.answers.com/Q/Journal+entry+of+cash+in+transit
62
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Source: http://wiki.answers.com/Q/How_many_checks_are_you_allowed_to_cash...
