i have no idea what a bank deposit is lol. i love going on TradeMe/Ebay and it says u can pay by bank deposit .what is it and what do i do to use it
thanx
2006-10-15 13:07:01 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
You need a bank account with money in it. If you need to pay something the money will come out of your account!
2006-10-15 13:10:19 · answer #1 · answered by Gone fishin' 7 · 0⤊ 0⤋
a bank deposit is when you have a checking account or savings account at a bank and you add money to your account so if you buy something off the internet they can withdraw it from you bank account, but be sure you have enough money in your account
2006-10-15 20:32:17 · answer #2 · answered by deauby5 1 · 0⤊ 0⤋
In this situation they are talking about one of two situations; either you deposit proceeds into their account to pay for your purchase, or you are giving a check number, info to pay for your purchase. It's easy now to have an electronic check debit against your bank account instead of using a credit card for payment.
2006-10-15 20:34:58 · answer #3 · answered by MJ 4 · 0⤊ 0⤋
A bank deposit is when you put money in your account.
2006-10-15 20:17:57 · answer #4 · answered by yourtoppriority212121 1 · 0⤊ 0⤋
It is when put money in your bank accout
2006-10-15 20:25:08 · answer #5 · answered by pattibcacl 6 · 0⤊ 0⤋