What does MTOT mean?

What does MTOT mean?

Merchant Total

Do debit cards charge fees?

There may be fees for using your debit card. Examples: Some banks charge a fee if you enter a PIN (Personal Identification Number) to conduct a transaction instead of signing your name. You may trigger a fee if you overdraw your account using your debit card, just as you would if you “bounced” a check.

Can I get a debit card with a savings account?

Savings accounts are not eligible for debit card use. Debit cards are eligible only for checking account types. However, you do have the option to transfer instantly between your Capital One accounts if you need to access the funds in a savings account through your debit card.

Can you have 2 debit cards from the same bank?

Yes, a bank can issue two debit card for the same account and they charge an annual fee for both cards according to the type of cards you have. Obviously a joint account in two or more names can have a separate card for each person. They will charge an annual fee for both cards.

Is it okay to have two bank accounts?

It is possible to have a checking account at more than one bank, and you may have specific reasons why you want to do this. You may have one checking account at a separate bank to pay your collection bills from so that they do not drain your checking account of more money than you authorized.

What details do I need to put money into someone account?

Name of the person or business you’re paying. Six-digit sort code of the account you’re paying. Eight-digit account number of the account you’re paying. A payment reference (often your name or customer number) to let them know the money came from you.

Can my dad deposit money into my bank account?

Generally speaking, anyone can deposit money into your savings account. Individual banks have different policies, but the vast majority will accept deposits into an account, as long as you have certain information, which may include the full account number and the full name of the account holder.

How do I deposit money into my savings account?

The most straightforward way to deposit funds into savings is to fill out a deposit slip and submit the cash or check to a teller in a bank branch. Deposit slips ask for either the checking or savings account number. You can also deposit cash or checks into your savings account through an automated teller machine.