What is a shadow payment
This is to check that they would like to process the transaction.
Then an authorisation request is sent to your card issuing bank to ensure that the funds are available to make payment.
This will allow the funds to be taken from your account for the transaction.
This is also known as a shadow..
What is shadow account
What’s the scope? Shadow accounting generally refers to a system in which two separate sets of financial books and records are kept for the purpose of detecting mistakes and inconsistencies.
Can you make a bank account with a fake name
You can also open a bank account under a false name. Banking regulations prohibit this, but the rules can be bent if you own the bank or are good friends with the owners. Still this is risky and not to be recommended. Remember that former president Joseph Estrada used a fake name to open an account.
How do ghost cards work
A ghost card is a type of credit or debit card that allows you to assign different card numbers to different departments within your organization. … When the employees of the department use their ghost credit cards, the purchases are charged back to the specific department within which the employees work.
What do you do if a store charges you twice
For example, if a retailer charged you twice for the same transaction, your bank may be able to recover the money from the duplicate payment. To dispute such a charge, you have to send a letter about the problem to your bank within 60 days of the statement on which the charge first appeared.
What is shadow limit
A&L plans to give each customer a “shadow limit” – a secret amount above the agreed overdraft, which will be based on credit history. … Customers who rarely breach their agreed limits are more likely to be deliberately allowed to do so.
How long does it take to clear a pending transaction
What is a pending transaction, and how long can it stay pending? A pending transaction is a recent card transaction that has not yet been fully processed by the merchant. If the merchant doesn’t take the funds from your account, in most cases it will drop back into the account after 7 days.
What happens if a bank puts money in your account by mistake
Unfortunately, the money isn’t yours unless you made the deposit or if someone else made the deposit on your behalf. The only time you can keep money that is deposited into your account is when the deposit was intended to be made into your account. So, if the deposit was a mistake, you can’t keep the money.
What is a ghost charge
Some banks perform ‘credit checking’ with a ‘ghost charge’. This is in no way a real charge, but only a request to your bank to ‘reserve’ this amount of money. These ghost charges are sometimes visible on your online credit card statement.
What is a ghost purchase
What do ghost card payments do? When a purchase is made using a ghost card, the purchases are charged back to the departments that are assigned the card numbers. This helps companies to track their expenses by each department and to assign different purchasing and expense responsibilities to different departments.
What is a ghost bank account
The term “ghost account” or “ghost” (also known as a “sockpuppet” on other sites) is used to describe additional user accounts created or operated by an existing WP user, often used for the purposes of creating mischief or to bypass moderation penalties.
What happens if someone opened a bank account in your name
In most instances, a credit reporting agency will investigate your complaint within 30 days. Each credit reporting agency will forward information about the identity theft to the financial companies reporting the fraudulent accounts opened by the thief.