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Bank Of America CISCO Mcast news

Is Financial institution of America not taking money?

ByEditorialTeam

Oct 8, 2022

Q: My good friend tried to deposit money in an account at Financial institution of America in her grandson’s account. She mentioned that the BOA refused to take money and he or she must write a examine. The explanation they gave her was it’s their coverage to not take money any longer. Is that this true?







On-The-Money-NerdWallet-Questions-For-Adviser

FILE – On this June 15, 2018, file picture, money is fanned out from a pockets in North Andover, Mass. Utilizing a monetary adviser on your funding wants is 100% on model, however what about all the opposite components of your retirement life? A 3rd of individuals ages 64 and up have a monetary adviser, however solely 2% requested their adviser to assist with their Medicare decisions, in line with a July 2022 report.




Reply: Not precisely, Financial institution of America will take money if you’re placing the cash in your account. The rub is placing money into a 3rd get together’s account.

Don Vecchiarello, a spokesman for Financial institution of America, mentioned that the financial institution stopped permitting individuals to place money in different individuals’s accounts in December 2017.

“It was to cut back fraud and cash laundering,” he mentioned.

There are different methods to deposit cash right into a third-party account. You possibly can write a examine, use a cell app, and use on-line individual to individual switch.

Persons are additionally studying…

“Our clients’ safety is our prime precedence,” Vecchiarello mentioned.

Many different banks have related prohibitions.







On-The-Money-NerdWallet-Questions-For-Adviser

FILE – On this June 15, 2018, file picture, money is fanned out from a pockets in North Andover, Mass. Utilizing a monetary adviser on your funding wants is 100% on model, however what about all the opposite components of your retirement life? A 3rd of individuals ages 64 and up have a monetary adviser, however solely 2% requested their adviser to assist with their Medicare decisions, in line with a July 2022 report.




Q: The gorgeous paving job on Reynolda Highway has been full for a number of months. Nonetheless, the everlasting traces have been very sluggish to being restored, making driving at night time particularly troublesome. What’s the projected date of completion of the everlasting traces?

Reply: Pat Ivey, the N.C. Division of Transportation division engineer for Forsyth County, mentioned that the road work shall be accomplished quickly.

“Tools points with the pavement marking subcontractor have delayed the set up of everlasting pavement markings, however they plan to have the work accomplished by the top of October,” he mentioned.

Q: Is it true that the U.S. Mint will cease the manufacturing of pennies quickly due to the excessive price of constructing them.

Reply: Pennies aren’t going wherever anytime quickly.

“As of this date, the Mint has no plans to stop manufacturing of the penny,” a spokesperson for the usMint mentioned.

This has been floating round for a few years. In 2013, USA In the present day reported that, regardless of different international locations dropping their penny coin, however the USA had no plans drop our penny.

Distributors wanted to help with brush assortment

The Metropolis of Winston-Salem is hiring distributors to help with storm-related brush assortment. They are going to be paid by the ton and the town will waive the $33 per ton disposal charge on the metropolis’s yard-waste processing services. Distributors should reply by Oct. 21.

In case you are occupied with being a brush assortment vendor, contact Stevie Dulin, the town sanitation director, at [email protected] or by calling 336-747-7308.

Metropolis brush crews have been working six days per week however the additional quantity of brush because of the storm is placing brush assortment additional delayed.

Bear in mind to name earlier than you dig

Now that fall is right here many individuals shall be working of their yards, getting them prepared for winter.

Earlier than you begin digging, name 811 to have underground service traces positioned, in any other case it’s possible you’ll reduce your different service traces and don’t have any service.

The finding service is free, and it is the legislation.

Name between 7 a.m. and seven p.m. Monday by Friday.

For extra info, go to nc811.org.







Melissa Hall

Melissa Corridor, Straight Reply Ma’am


Electronic mail: [email protected]

Write: Ask SAM, 418 N. Marshall St., Winston-Salem, NC 27101

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