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Can a bank share your checking transactions with your spouse if they are not on the account?
Wiki User
∙ 16y ago
NO THEY CAN NOT THEIR NAME HAS TO BE ON IT
Wiki User
∙ 16y ago
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Is a share account also known as a checking account?
No. A share account is essentially a savings account...
What are the differences between a money market account and a checking account?
Money market accounts and checking accounts share a lot of similarities. One difference between the two includes a limit on transactions on the money market account. One may need to keep more than $10,000 in a money market account to avoid penalties, whereas a checking account can be run down to a zero balance usually without penalties occurring.
What is a checking account at a credit union called?
what is a chekcing account at a credit union
How do you make journal entries in share capital transactions?
Debit Cash / bankCredit share application accountDebit Share Application accountcredit share capital account
Can a collection agency put a levy on a joint checking account in Texas if the debt was your spouse's prior to your marriage?
In Texas, a collection agency can potentially levy a joint checking account, even if the debt was solely your spouse's prior to your marriage. Joint accounts are considered the assets of both account holders and are subject to collection efforts. It is advisable to consult with an attorney for specific legal advice regarding your situation.
A share draft account is another name for a checking account in what type of financial institution?
credit union
Which of the following account types is considered a transaction account under the Expedited Funds Availability Act?
Checking or Share Draft Account
What account charges customers fees based on the number of checks written each month?
Share draft or checking account.
If a spouse's parent dies and leaves inheritance does this become community property with your spouse?
Not immediately. When you inherit something it is separate property because it was specifically designated to go to you. If you put these funds in a joint account or share them with your spouse then it would likely be deemed as transforming to community property.
You and a friend share a checking account. You wrote a check but the account was closed. Can the other person press charges?
As long as you were authorized to write checks, no, the other person has no case to press charges against you.
Is a cosigner for a checking account liable for any loans the signer has with the same bank?
No, unless you so-signed on the loan you are not responsible for the loan. The only way you are affected is if someone uses your share of the money in the joint checking account to pay their personal loan, but legal responsibility does not fall on you...
What is a share in financial accounting and what are the journal entries for the shares?
When applications received Debit Cash account Credit Share applicant account [debit] Share applicant account [Credit] Share application account When share allocated [Debit] Share application account [Credit] share capital account
