How a debt collector gets access to your bank account. Rest assured that a debt collector can’t simply walk into your bank and take money from your accoun...

Cashed checks are traceable. If you are paid with a check for a job and you cash that check, the bank will have a record of it. The person who wrote you t...

“In addition to checks, negotiable instruments include promissory notes, drafts, cashier’s checks, teller’s checks, money orders, traveler’s checks and ce...

On 20 November 2014, in an all-stock amalgamation, ING Vysya Bank decided to merge with Kotak Mahindra Bank, creating the fourth largest private sector ba...

The bank Alterations. The bank is liable to paying a check that has been materially altered. This means that the check was changed in some way that modifi...

Savings Accounts Don’t Offer Debit Cards Savings accounts are not designed to serve as a transaction account. They’re designed to be long-term storage for...

How to Get a Demand Draft Issued Visit the bank where you have your account. Draw cash in the name of “self” Ask the bank teller to give you the form need...

The Federal Reserve’s three instruments of monetary policy are open market operations, the discount rate and reserve requirements. What are the three thin...

Reserve Bank of India. They maintain with themselves. They are authorized to borrow funds from the Reserve Bank of India. They are not authorized to borro...

1975 The Regional Rural Banks (RRBs) were established in 1975 under the provisions of the Ordinance promulgated on 26th September, 1975 and Regional Rural...