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Q: Overdraft protection could be a positive factor if a deposit in transit occurs.?
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Related questions

What is used to identify a check on the deposit slip?

It is the transit number.


What is cash in transit?

Money that you have physically taken to the bank and deposited, but due to timing / processing delays, does not show up on the bank statement. For instance: You take a deposit for $1,000 to the bank on Friday the 30th at 3:00, you record it on your books, but due to the way banks operate deposits after 3:00 are posted the next day and your deposit show up on the following month's bank statement as a deposit on the 1st of the month. THAT is cash in transit / deposit in transit.


Causes of differences between of the cashbook balance and the bank statement balance?

1.deposit in transit 2.outstanding cheque 3.memoranda


How are precious metals and stones transported to the processing sites?

Primarily, security and physical protection from theft mark the transit plans for precious metals and gem stones. Otherwise, common modes of transit are employed.


Set up direct deposit for pension?

Whoever is paying your pension will be happy to deposit it directly, if you instruct them to do so and tell them the account number and bank transit number (both of which are on the bottom of your check, if this is a checking account) of the account into which you would like the pension to be deposited.


When was Transit Transit created?

Transit Transit was created on 2010-08-03.


You want to connect a reversing alarm on a 06 transit what colour is the positive wire on taillight assembly?

green and black , as your looking at it its the furthest left.


What is the routing transit number for bank of America in Las Vegas?

Nevada ABA (Ordering Checks): 122400724 ACH (Direct Deposit/Automatic Payment): 122400724 Wire Transfer: 026009593


What are positive impacts of urbanization?

community improvement, technological advances, social reforms, museuma, schools parks and zoos. settlement houses, new forms of transit.


When was Grossmont Transit Center - MTS Transit Center - created?

Grossmont Transit Center - MTS Transit Center - was created in 1989.


Cash in transit insurance from where the transit starts and what is the insurance meaning of transit?

Insurance meaning of transit is the common meaning of the word i.e. journey from one place to other. In case of Cash in transit, the insurance attaches during transit i.e. transit start and end as specified under the schedule of policy.


Who invented electric transit?

Who invented thd Electric Transit? What year was the Electric Transit invented?