i regularly check my bank account online and for a while i've been overdrawn but when i checked earlier my account was at 0.00 and my transaction said the amount that was overdrawn had been taken by "transfer account" with some numbers after it...can anyone tell me what this means? i havent used the account in a while so it's nothing i have done.
2007-03-28 03:52:41 · 6 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Did you have another account with the bank? Sometimes if you leave an account for a while when its overdrawn, and they think you're not going to pay anything, they will transfer money from another of your bank accounts with the bank to settle it.
In some cases, they have even taken money from someone else in the family, eg taken it from a childs savings account to settle the parents overdraft (although they are not allowed too)
2007-03-28 04:19:10 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Check with the bank. They probably closed the acct for being overdrawn for some time. It means that you owe the bank money.
2007-03-28 03:57:11 · answer #2 · answered by KyOOt T 3 · 0⤊ 0⤋
Transfer account means they closed their books for the month and removed your overdrawn amount. You still owe the money, but you can't use that account.
Call them to find out what you need to do to fix it.
2007-03-28 04:24:56 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Firstly get on to your bank and explain what has happened. If you have overdrawn on it you could be in for a surprise account.
2007-03-28 03:59:17 · answer #4 · answered by SYJ 5 · 0⤊ 0⤋
Could someone have got into your account via a trojan or virus.I used to do online banking but after having a few security problems on the computer i have cancelled the online banking. And gone to the bank and opened another account. Good Luck.
2007-03-28 03:58:02 · answer #5 · answered by sandra s 2 · 0⤊ 0⤋
specific, you may pass the money on your mothers and dads account. Wait till the verify for the repayment clears your economic corporation if it hasn't already cleared. then you definately can write a verify on your mothers and dads. they'd deposit it to their account. instead, you may communicate to the customer service workers at your economic corporation. Ask in the event that they'd pass the money for you utilising a withdrawal slip out of your account and a deposit slip on your mothers and dads account. locate out if the economic corporation will charge you a cost for doing the pass for you.
2016-11-24 19:17:41 · answer #6 · answered by Anonymous · 0⤊ 0⤋