Explains banking definitions and concepts including nonaccrual loans, open-end credit, withdrawals, and bank-owned life insurance.

UBS: Definition, Bank History, Financial Services

UBS is a Swiss financial services group headquartered in Zurich and Basel, with its current identity tracing to the 1998 merger of Union Bank of Switzerland and Swiss Bank Corporation....

Why Did I Get An ACH Credit From Social Security

You received an ACH credit from Social Security because the Social Security Administration or the U.S. Treasury deposited an electronic payment directly into your bank account. The most common reasons...

What Does Provisional Credit Mean

Provisional credit is a temporary credit a bank or card issuer applies to your account while it investigates a disputed transaction or account error. It is not permanent unless the...

What Does Credit Limit For Cash Mean

Your credit limit for cash is the portion of your credit card's total credit limit that you can use for cash-type transactions, such as cash advances. It is a separate,...