Answers.com > Wiki Answers > Categories > Business & Finance > Business and Industry > Business Accounting and Bookkeeping > Commercial Bank and Checking Accounts > After you pay off your debt owed to the previous bank how long would you have to wait to open a checking account or any type of a banking account?

After you pay off your debt owed to the previous bank how long would you have to wait to open a checking account or any type of a banking account?

Answer:

Answer

five years if you are reported to chex systems. been there done that..

First answer by Crymsntide. Last edit by Crymsntide. Contributor trust: 59 [recommend contributor ]. Question popularity: 32 [recommend question].

[report abuse]

	What is not a type of savings account?	Answer it!
	Does chase have a student checking?	Answer it!
	What is a GL associated with a checking account?	Answer it!
	How you will manage day to day financial activity?	Answer it!
	Are there any banks in Minnesota that will open a checking account if you are in the Chexsystem?	Answer it!

Can you open an account with a bank if you have had a charge off with a past account?
Typically no, once your account gets to the point of charged off, it has been overdrawn for roughly 45 days (give or take). Your name and SSN then get reported to ChexSystems which then notifies...
What type of serice do banks have with an checking account?
Most banks offer the following services along with a checking account to its customers. ATM/Debit card Check book A passbook or monthly statement Online banking Telephone banking
Is a checking account the same as a bank account?
A checking account is a specific type of bank account, but there are other types. A checking account is a transaction account where you can write checks against the funds in the account. Other types...
Is a bank account an open ended account?
Yes it is. Your bank account is your property and you can withdraw funds from them anytime you please. The deposit accepted by the banks is a liability on their part and they must return it, anytime...
A passbook account is a type of checking account?
Maybe. A passbook is just a booklet that contains all details of banking transactions done on the bank account to which it is linked. It can be linked to a savings account, a recurring deposit...