What does provisional mean in banking?
A provisional credit or debit card is issued to you until your account is verified and activated. This means that, for a few days, the card is effectively inactive — you won't be able to use it to make purchases or withdraw funds. But until you've completed all the requirements for your account, you won't be charged any fees.
What does provisional mean in my banking background check?
A provisional credit check is one that is not fully complete until the applicant submits all the necessary supporting documentation. It usually takes about two to three weeks for the bank to complete the process. If you are denied, the bank will issue you a written denial notice.
What does provisional mean in nursing?
The provisional nursing license allows nurses to practice while their license is being processed. It is a temporary license that can be given to nursing graduates who have gone through the licensing exam but have not yet gotten their license. It is also given to nurses who have gone through nursing school but have not yet earned their nursing license. Sometimes, provisional nursing licenses are given to nurses who have had a license revoked for some reason. These licenses are not renewable, so they must be renewed before the nursing license is officially issued
What does provisional mean in real estate?
When you receive a provisional loan, that doesn't necessarily mean the loan is approved. In fact, it's quite common for a bank to offer a line of credit on a property on the condition that the buyer provide additional documentation within a certain time period. Once the buyer has provided the required documentation, the bank will finalize the loan.
What does provisional mean in California?
If you've heard the word "provisional" when it comes to your bank account, it's probably because you've applied for a bank account by submitting a credit or debit card application. This type of account is called a provisional account. It's a temporary bank account that will be opened until your credit or debit card account is officially authorized.
