A transaction account, also called a checking account, chequing account, current account, demand deposit account, or share account at credit unions, is...
19 KB (2,373 words) - 12:22, 13 January 2025
categorised as: Deposit account Transactional account Checking account Current account Personal account Transaction deposit (USA) Savings account Individual (UK)...
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Debits and credits (redirect from T account)
that account, and a credit entry represents a transfer from the account. Each transaction transfers value from credited accounts to debited accounts. For...
40 KB (4,995 words) - 03:58, 4 February 2025
report A bank account Deposit account Personal account Sweep account Transaction account User account, the means by which a user can access a computer...
709 bytes (86 words) - 08:40, 13 September 2023
Double-entry bookkeeping (redirect from Split transaction)
loan for $10,000, recording the transaction in the bank's books would require a DEBIT of $10,000 to an asset account called "Loan Receivable", as well...
20 KB (2,530 words) - 16:45, 22 January 2025
In the United States, transaction deposit is a term used by the Federal Reserve for checkable deposits and other accounts that can be used directly as...
2 KB (183 words) - 17:25, 23 November 2022
a database is known as a transaction. One example is a transfer from one bank account to another: the complete transaction requires subtracting the amount...
12 KB (1,550 words) - 20:39, 5 December 2024
deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money. Deposit accounts can be savings...
8 KB (717 words) - 18:44, 30 January 2025
Bank statement (redirect from Bank statement of account)
account if one transaction has been made from that account in a month. Customers also have the option to receive electronic statements. Bank account Passbook...
8 KB (1,025 words) - 20:18, 31 December 2024
application, each individual's account is linked to one or more of the user's bank accounts. When a transaction occurs, the account balance in the application...
8 KB (926 words) - 08:47, 17 October 2024
Escrow (redirect from Escrow account)
some other person until the consummation or termination of a transaction; or, a trust account held in the borrower's name to pay obligations such as property...
18 KB (2,278 words) - 20:52, 1 December 2024
Look up transaction or transactional in Wiktionary, the free dictionary. Transaction or transactional may refer to: Financial transaction, an agreement...
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for each split of this transaction. For investment action codes that end in X, the Category field indicates the other account used to transfer cash from...
21 KB (1,712 words) - 05:05, 19 January 2025
system by guaranteeing interbank loans and no-interest transaction accounts, such as checking accounts. It was announced through an Interim Rule on October...
4 KB (443 words) - 07:56, 1 August 2024
those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly...
3 KB (340 words) - 19:19, 11 February 2025
ACID (category Transaction processing)
called a transaction. For example, a transfer of funds from one bank account to another, even involving multiple changes such as debiting one account and crediting...
17 KB (2,089 words) - 17:15, 28 January 2025
account: account opening fee, annual maintenance fee, custodian fee and transaction fee. Charges for all fees vary by depository participant. Account-opening...
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Atomicity (database systems) (redirect from Atomic transaction)
happened if the transaction was cancelled in progress). An example of an atomic transaction is a monetary transfer from bank account A to account B. It consists...
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to resolve disputes out of court. Financial transaction Transaction cost Transaction account "Transactional Law". School of Law, University of Texas at...
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'edited' in the same way an account balance is modified when a transaction occurs. Rather, the balance is computed from the transaction history dating back to...
10 KB (1,270 words) - 16:59, 16 September 2024
typical banking transaction that involves moving $700 from a customer's savings account to a customer's checking account. This transaction involves at least...
13 KB (1,657 words) - 20:42, 5 December 2024
the cornerstone of accounting science. Like any equation, each side will always be equal. In the accounting equation, every transaction will have a debit...
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N26 (section Account closures)
of the Single Euro Payments Area (SEPA). Their services include transaction accounts and debit cards, as well as overdraft and investment products under...
48 KB (4,774 words) - 10:18, 12 January 2025
Bookkeeping (redirect from Account book)
electronic accounting system is the former's latency between the recording of a financial transaction and its posting in the relevant account. This delay...
16 KB (2,142 words) - 16:40, 12 November 2024
Passbook (redirect from Passbook account)
transactions on a deposit account. Traditionally, a passbook was used for accounts with a low transaction volume, such as savings accounts. A bank teller or postmaster...
6 KB (649 words) - 18:49, 6 November 2024
retail banks include: Transactional accounts Checking accounts (American English) Current accounts (British English) Savings accounts Debit cards ATM cards...
4 KB (369 words) - 23:18, 27 January 2025
German financial interest groups. Usually paired with a transaction account or current account, cards with an Electronic Cash logo were only handed out...
17 KB (2,301 words) - 18:02, 13 May 2024
Credit card (redirect from Revolving account)
payment was made on the account. Financial institutions refer to interest charged back to the original time of the transaction and up to the time a payment...
122 KB (15,311 words) - 17:13, 12 February 2025
Cheque (redirect from Account Payee)
account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account...
90 KB (11,508 words) - 07:40, 24 January 2025
card issuing system for authorization against the card holder's account. The transaction data contains information derived from the card (e.g., the card...
36 KB (1,641 words) - 22:56, 18 December 2024