Overdrawn Account

131 views
User Avatar

9 Points Posted on 10 March 2021
what risk does a bank face if customers withdraw money in excess of their limits?
0 Reply Share Follow
On 10 March 2021 at 16:30 Report
Replies (2)
Quick Summary
This discussion explores the potential risks banks encounter when customers withdraw funds exceeding their authorised limits. Key concerns raised include the possibility of a customer liquidity problem, a lack of positive business growth, and the diversion of funds. Further clarification is sought on how funds might be diverted in such scenarios.

User Avatar

Consultant
1891 Points Posted on 10 March 2021

The bank might feel that there is liquidity problem in the hands of the customer.

The business might not be showing positive growth

There might be diversion of funds. 

Reply
On 10 March 2021 at 16:45
User Avatar

9 Points Posted on 10 March 2021
Diversion of funds in what way? can you please explain further?
Reply
On 10 March 2021 at 16:49

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. TDS ON PF FORM 19 WITHDRAWAL
  2. Can a virtual office in Mumbai be used for company
  3. Eway and e invoicing in condition where 4 party ar
  4. Bank balance in ITR-3
  5. INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
  6. Tempsens Instruments IPO GMP Allotment Listing dat
  7. Upload Type - Correction. Not showing in TDS filli
  8. Partnership tax audit query
  9. ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V
  10. Form 146 foreign remittance us citizen

More recent discussions | Post

Related Topics :

Loading