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Can a 14-year-old get a bank account that is not joint with a parent?
Wiki User
∙ 13y ago
No. the legal age to open a bank account that can be operated independently is 18 years. If a 14 year old wants a bank account, he/she can only get it if they have their parents (either of them) as a joint holder of the account.
Wiki User
∙ 13y ago
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How old do you have to be to open a chase bank account?
I have a chase account I'm not sure but I think 13 with guardianship meaning a joint a account with a parent etc. but 18 to get a debitcard.
How do you divide a joint bank account?
A joint bank account is something that is owned/controlled by more than one person. So, to divide a joint bank account, the joint account holders have to come to an agreement as to who will be the sole owner of the account. Then, they must visit the bank and submit a written request. The bank will change the account to a single owned account after receiving the No Objection Letter from the other holders of the account.
Couples should have a joint bank account before they get married.?
Couples should have a joint bank account before they get married.
Can you make a bank account without a parent?
A minor needs to have a joint account, with someone legally able to sign a contract (no one under 18 can sign a contract) in the USA.
Can you open a joint bank account with someone who has committed bank fraud?
A joint bank account with someone who has committed bank fraud. This question could have a more coherent approach.
When a parent and child have a joint checking and the parent dies does the child receive the money?
Depends how the account was set up (Joint Tentancy with Survivorship Rights, Grantors Trust, under the UGMA, etc.) The generic answer is no, it would not be treated as income. The money in the account would be included in the decedants estate and be distributed through either Trust or Probate as a qualifying gift.
Can you change a joint bank account with a parent before chapter 7 bankruptcy in ny state?
Yes you can change a joint bank account before a Chapter 7 bankruptcy. You should have your finances in order before you file a bankruptcy.
What banks allow teens to start an account?
Teens are allowed to start an account at any bank as long as a parent is present to open a joint account with them. Once they are eighteen, they can take the parent off their account and be the only one responsible for the account.
How old do you have to be to open a chase bank account?
I have a chase account I'm not sure but I think 13 with guardianship meaning a joint a account with a parent etc. but 18 to get a debitcard.
What is the difference between a joint account and a beneficiary to a bank account?
a joint account is an account that is joint together for an opening account. While beneficiary account are people that gain some promo from the bank
Sample letter Regarding opening joint account?
i want to open a joint bank account in your bank. tell me how to open it i request you to inform me about the joint bank account and any type information/
How do you divide a joint bank account?
A joint bank account is something that is owned/controlled by more than one person. So, to divide a joint bank account, the joint account holders have to come to an agreement as to who will be the sole owner of the account. Then, they must visit the bank and submit a written request. The bank will change the account to a single owned account after receiving the No Objection Letter from the other holders of the account.
Your parents and you had a joint bank account they died who does the money belong to?
A joint bank account belongs to the surviving owner.
Can you get out of a joint checking account?
Yes. If you want to get out of a joint account, you can contact the bank and submit a written request to be removed as a joint holder of that account. The other parties involved in the joint account have to approve your removal from the account, only then the bank will complete the formalities.
Couples should have a joint bank account before they get married.?
Couples should have a joint bank account before they get married.
Is bank account joint if spouse not named on account?
No
Can you open a joint bank account with someone who has committed bank fraud?
A joint bank account with someone who has committed bank fraud. This question could have a more coherent approach.
