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Can banks take money out of your account without your permission? |
Can banks take money out of your account without your permission? yes no or you can sew them but yes if u dont no about it Yes, they can in certain circumstances. For instance, if they made a mistake crediting them. If you read your account holder's agreement, it is all explained there. no....you must give explicit permission for anyone to take it out....however, understand you gave that to them when you signed up for the account service in the first place...fees and other such nonsense are derived directly from that paper yousigned when you wanted an account with them.... Yes, money can be taken out of your account w/o your permission; it has happened to several ppl that I know. Not unless you wrote a check, used a credit card/debit card, had a automatic withdrawal or bank fees. If they are taking it out and not informing you of the withdrawal, then yes it is wrong. Call the bank and make an appointment to speak with bank attendant to discuss the issue. It depends. I work at a bank, and to be honest, banks charge fees for everything. Overdraft fees are the worst and most frequent. As far as I know, that's one of the only reasons banks would take money out of your account. Just be careful that you're NOT the victim of identity theft. Those suck. |
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