Business
If your account is a type listed under "Business Accounts."
Then you agree not to use it for personal purposes
when you electronically deoposit to your account the only notice that you will recieve is your next statement
what is notice of electronic deposits
When only one person is listed as the owner of the account
What is a Solely owned account
If our records list a business organization as the owner of the account then the payment goes to?
The business ordinations and any individual director, shareholder or partner.
it is a signature, stamp or other mark made on a check to tranfer the check to transfer the check to another person
what is a endorsement?
When 2 or more people are listed as owners of a personnel account
What is a Joint Account
If you change ownership of your account do you need to notify the Bank.
Yes you need to notify the bank.
what is our right to refuse deposits
An account that allows you to deposit money safe & you can earn interest by it.
What is a savings account
Will the bank sometimes account cash checks payable to or accept less cash deposits from a business organization.
Yes the bank will accept less.
Your endorsement must be in the 1 and 1/2 inch area that starts on the right side viewed by the check
what is endorsement requirements
An account at a bank which checks can be drawn by the account depositor
What is a Checking's Account
If you open a attorney trust account do you authorize the bank to notify the appropriate state agency.
Yes you have to authorize the banks.
We may rely on the account number on any deposit slip, payment instruction or similar record we receive
what is transaction records and recipts
An account that pays interest based on current interest rates
what is a money market account