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A counter credit is a general term for an addition to your account. For example if you had a problem with a fee and visited your bank branch they may issue a counter credit to refund the fee into your account. A deposit could also be handled as a counter credit depending on the bank and if you are splitting the deposit between multiple accounts.
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How does a credit machine differ from an ATM?
A credit machine is a machine that uses a credit card for purchasing purposes while an ATM is an Automated Teller and is meant to deposit and withdraw cash from an account.
Is a deposit a credit or debt?
Credit :)
What is the difference in counter deposit and deposit?
A counter deposit is made using a blank deposit slip furnished by the bank - the depositor has to write in their own name and account number. A deposit is typically made with a pre-printed deposit slip that the depositor brings to the bank with them.
What is a secured credit card?
a credit card that is secured by a deposit of your own money
Are there credit cards for people with bad credit that don't require a deposit?
hobos
What is the difference between a deposit and a counter credit?
Deposit is teller friendly, efficient and accurate Counter credit is more work for teller, mistake possible
What does counter credit mean?
Counter credit means a person went into a bank and made a deposit with the teller. Sometimes this term will show up on your bank statement.
How does a credit machine differ from an ATM?
A credit machine is a machine that uses a credit card for purchasing purposes while an ATM is an Automated Teller and is meant to deposit and withdraw cash from an account.
Is a deposit a credit or debt?
Credit :)
What is the difference in counter deposit and deposit?
A counter deposit is made using a blank deposit slip furnished by the bank - the depositor has to write in their own name and account number. A deposit is typically made with a pre-printed deposit slip that the depositor brings to the bank with them.
What is cash deposit credit adjustment?
When you have cash deposit credit adjustment how do you post it to ledger account
What is a unsecured credit card?
A secured credit card requires a security deposit. An unsecured credit card is the traditional credit which does not require a security deposit.
Is a deposit a debit or a credit?
A bank deposit slip is used for credit. Credit is an action in which money is deposited into a bank account. For doing so, we need to fill a deposit slip. The deposit slip contains details like the name of the account holder, amount of money deposited, the denominations, date of deposit etc.
Is a bank deposit slip a credit or debit?
A bank deposit slip is used for credit. Credit is an action in which money is deposited into a bank account. For doing so, we need to fill a deposit slip. The deposit slip contains details like the name of the account holder, amount of money deposited, the denominations, date of deposit etc.
Does Thrifty Car Rentals require a deposit before you can rent one of their cars?
If you don't have a credit card you'll be required to pay a deposit. If you use a credit card they may charge your credit card for a deposit. Typically this is the estimated rental costs plus 15 %. Once the car is returned in proper condition the charge is removed from your credit card. Like most all other rental agencies, yes they do. The benefit to this is that Thrifty will not charge your credit card the deposit, they simple have the deposit amount on file, and your credit information if they have reason to charge the deposit they will other wise when you return the vehicle in the condition it was rented out in you will not even be charged the deposit.
What is cash deposit adjustment?
When you have cash deposit credit adjustment how do you post it to ledger account
What is a secured credit card?
a credit card that is secured by a deposit of your own money
