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pay on death. The named person needs to present a death certificate to receive the funds
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∙ 13y ago
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Need car Title to be transfer
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What does POD on a bank statement mean?
on a bank account statement, it means Payable On Death
What does ITF internal transfer of funds mean on a bank account?
what does itf mean on a bank account
What does relationship bank account mean?
A relationship bank account does not use money...
What does TR FOR mean on a bank account?
The meaning of TR on a bank account is asset based financing.
What does Bank balance mean?
It means how much money you have in an account at the bank.
What does POD on a bank statement mean?
on a bank account statement, it means Payable On Death
Are proceeds from a POD Bank Account taxable to the beneficiary?
is pod incme taxable to the reciever?
What does POD mean on bank statement?
Payable on death
What does POD stand for on bank statement?
Payable On Death - there is a beneficiary on the account for some reason.
What does POD mean on a bank statement when two people are listed?
it means PAYABLE ON DEATH......usually a spouse or Dependant is added to an account with this verbiage. they only have access to the funds if the main account holder dies.
What does ITF internal transfer of funds mean on a bank account?
what does itf mean on a bank account
What does relationship bank account mean?
A relationship bank account does not use money...
What does bank account holder mean?
its a type of bank account where the name of the account holder is kept secret.
What does TR FOR mean on a bank account?
The meaning of TR on a bank account is asset based financing.
What Does Bank Account Name mean?
It is the name of the account holder
What happens if the account owner of a joint account with survivorship also has a POD designation listed for that account?
If the account owner of a joint account with survivorship also has a Payable on Death (POD) designation listed for that account, the benefits of the account will be paid out in accordance with the POD designation. This means that upon the account owner's death, the funds in the account will be transferred to the individual(s) named as the POD beneficiary/beneficiaries, rather than being transferred to the co-owner(s) of the joint account with survivorship.
What does Bank balance mean?
It means how much money you have in an account at the bank.
