In most cases yes, but it depends on the retailer and the bank.
It depends on where you write it or where the person you gave it to cashes it. With electronic processing, funds may be debited from your account anywhere from immediately to 48 hours afterwards. If presented in person at the bank it was drawn on for cashing, funds are immediately debited.
NO.
The Money would be immediately debited from your bank account and the bank would initiate proceedings to transfer the cash to the retailer with whom you did the transaction.
commission is an asset
It is a debit and taken out of your account.
deposited money is credited to your concern bank account
Yes you do... It's a form of 'electronic currency' - the value of the transaction is debited from the linked bank account.
central bank control other bank by giving them loan and it debited their account.
dr refers to a debit. A transaction in which money was debited or deducted or taken from your account. For ex: if you withdraw $100 from your account using the ATM it would appear in your statement as dr - $100
these are the cheques that has been presented to the bank but still they are under process by the bank. The customer account has been debited already.
Call and send a cacellation letter to debitor, and or get a new account number from bank.
It means that Chase reversed an adjustment that they previous debited or credited to your account.