recently i just try to order something off the internet. i have place order. but i haven't finish with the process. and i clear my shoping card out. but a few day later i have a letter from my bank saying "for your protection we want to verify that all of the recent transactions on your account were made and /or authorized with your concent." what does it mean. does i being charge for what i did? but i haven't going through all the process of ordering. and i have clear my shopping cart. when i check my shopping cart for that retail site. My order history for that transaction are not there.
2007-12-20 15:39:23 · 6 answers · asked by gzlanson 2 in Business & Finance ➔ Credit
"Verify" as a banking term means the same thing as a non-banking term. They want to check to see if something is correct. This is for your protection. They want to make sure that you really did the transactions and don't want to make you wait until the end of the billing cycle. Call the customer service number on the account statement.
2007-12-20 15:46:08 · answer #1 · answered by Ted 7 · 0⤊ 0⤋
Your best bet is to contact your bank and confirm with them the charges that have been posting to your account are indeed charges you have been making. This is what the bank means by "verify". The banks (or Credit card Issuers) watch for suspicous activity on accounts, and if any activity occurs that is different from your regular spending habits, they will flag the account and contact you to confirm that you are the person using the card and that it hasnt been lost or stolen. This is for your protection. Be careful to only contact your bank by phone, and dont respond to any email requesting you confirm your private details. This is how identity theft happens. Hope this helps and best of luck!
2007-12-20 15:48:04 · answer #2 · answered by sparrowHLR 1 · 0⤊ 0⤋
The bank simply wants you to let them know that you authorized the transactions that have been made. Give them a call, find out which transactions were made and tell them which one's you consented to and which one's you did not consent to. If you made a mistake by clicking when you shouldn't have, that's ok, they will help you to get that charge off. Just communicate with them, if you are being charged for it, let them know it was a mistake and if they could please reverse the charge. Tell them everything that you wrote in your question. It'll be alright! :o)
2007-12-20 15:51:55 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Think of it as you own a business. As an owner, your equity is all of your assets minus liabilities. Cash and equipment are some assets. Bank loans is an example of a liability. Capital refers to cash. The more cash u have on hand the more flexible you can be. You have the ability to buy more equipment or workers if work orders come in or have the ability to pay off bank loans if the business slows. Capital equity is the vital lifeline of any business
2016-05-25 06:20:59 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Call your bank, it may not have anything to do with the experience you are talking about. Better yet go to you bank and show them the letter and make sure the letter came from them. It may be a scam company trying to get your banking information.
2007-12-21 01:44:01 · answer #5 · answered by Lizzy 3 · 0⤊ 0⤋
LOOK IN A DICTIONARY! Anyone knows what that means! ERRRRRRRRRRRRRRRRRRRRRRRRRRRRRR
Wow, and I'm wondering how you've made it this far in life...
2007-12-20 15:51:41 · answer #6 · answered by Mark 4 · 0⤊ 0⤋