If a bank advertises you can have “Includes up to $5,000 in coin/currency deposits” in a business checking a?
If a bank advertises you can have “Includes up to $5,000 in coin/currency deposits” in a business checking account, Does this mean you can not have more than $5,000 in the account?
It means in addition to all the checks that you are depositing into that account, they will also allow you to deposit up to $5000 in cash (bills or coins).
you at the instant are not making any experience. Why would you deliver money to a corporation that became no longer there? and how is a financial employer meant to appreciate that a corporation remains open or has long gone out of corporation whilst the money are nonetheless dealing with? To get your money lower back, you will would desire to sue the owner of the corporation in small claims courtroom.
Answers & Comments
Verified answer
I believe it means you can have up $5000 to deposited in different currencies.
That is if you have 5000$ in another currency(in-hand) you can deposit it.
For example if you have 381010 yen in hand you can deposit that amount but not 381011 yen.
It means in addition to all the checks that you are depositing into that account, they will also allow you to deposit up to $5000 in cash (bills or coins).
you at the instant are not making any experience. Why would you deliver money to a corporation that became no longer there? and how is a financial employer meant to appreciate that a corporation remains open or has long gone out of corporation whilst the money are nonetheless dealing with? To get your money lower back, you will would desire to sue the owner of the corporation in small claims courtroom.