Questions tagged [banking]
for questions relating to the custody, transfer, and management of money by banks.
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What legal reason, if any, does my bank have to know if I am a dual citizen of the US?
I am a US citizen permanently living overseas, and maintain a bank account in the US. I was recently prompted to update my personal information, and one of items I had to answer was whether I had dual ...
- 286
0
votes
1
answer
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What title transfers take place in the case of theft from a bank account?
In the case of theft involving taking money from a bank account, does the person whose account the money comes from loose good title to that money, or the debt it represents, or anything? Does the ...
- 7,660
2
votes
1
answer
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Is Berliner Sparkasse's request for the list of all members of "Jewish Voice for a Just Peace" lawful?
Novara media published an article titled "Germany Is Seizing Jews’ Money Again
It’s fine, they’re pro-Palestine" by James Jackson
The bank [Berliner Sparkasse] demanded a list of the names ...
- 457
-1
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1
answer
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What are a customer’s rights and liabilities against his bank, after it opens an account for his wife’s imposter without requiring identification?
A bank opened an account for a guy, and approved a credit and debit card. Because this bank has known him and his wife for 9 years, this bank opens an account for a mountebank posing as the wife ― ...
- 87
-1
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1
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The government of a European Union country forces private banks to block deposits into accounts that have not signed their 2-year privacy agreement?
The government of a European Union country forces the private banks in that country to block transfers/deposits into bank accounts that the owners have not signed their 2-yearly privacy?/...
2
votes
1
answer
403
views
If a bank intentionally causes a 'valid' bank transfer to be bounced back to the sender (maybe also charges a fee) has some law been broken?
If a bank intentionally causes a 'valid' bank transfer to be bounced back to the sender (and maybe also charges a fee for not receiving a required monthly deposit into the receiving account) has some ...
0
votes
0
answers
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Can a company lend an individual money "by way of business" if secured on a commercial property in the UK with any regulation?
I am curious to know if a company can lend an individual money at a high interest rate for many years without a licence or following any guidelines in the UK
The loan was secured on a commercial ...
3
votes
1
answer
432
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Cheque "not to exceed $500"
What is the legal or accounting purpose of the phrase "not to exceed $500" (or some other amount) on a cheque?
Who is liable should the cheque exceed the amount? The issuer? Assignee? Bank?
...
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1
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0
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What data protection law was broken by Alison Rose lying about the reason for closing Nigel Farage’s bank accounts?
The former NatWest chief executive Alison Rose spoke to a BBC journalist about the planned closure of Nigel Farage’s bank accounts. It is in the news today that the ICO has said in a report said that ...
- 7,660
2
votes
1
answer
47
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Credit union error on paperwork
Can a credit union be held liable for leaving off an account holder on a savings account? A friend is getting a divorce and just found out all her savings was placed into an account with only her soon ...
- 21
3
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Do I have the right for remote identity verification?
Bit of a weird sitaution here: I did my PhD in Italy some years ago and have a bank account there. I thought I had emptied it so didn't think about that account for quite some time.
I was recently ...
- 129
2
votes
1
answer
132
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Charging interest on a locked account
Is it a violation of any US banking regulations for a bank to continue charging interest on a loan when they have temporarily blocked the account holder from making payments? (or at least interest on ...
- 4,628
14
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3
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If someone robs a bank at which (s)he has an account, can the bank deduct that amount from the robber's account?
Bob has $100,000 in an account at First Example Bank. Bob robs the bank, taking $50,000, and he escapes. He is never caught, but the bank is 100% sure that he is the one who robbed the bank. Can they ...
- 17.1k
4
votes
1
answer
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Deceased spouse still on bank account
If one leaves deceased spouse on joint bank account, what happens?
If one leaves deceased spouse on home deed, what happens?
Note, Soc Sec has been provided with copy of death certificate.
Accounts ...
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1
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Do Swiss banks have the right to demand seeing a visa for a foreign country?
A friend who is a Swiss citizen and resident of Switzerland has a checking account with a Swiss bank. Because of a stay in the US, he was asked to file a "Status Declaration Form for Individuals&...
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