Yes, definitely. But, the minor would need his parents or legal guardian to be a joint applicant and holder of the account. Banks will have no problems giving you an account as long as an adult is a co-holder of the account.
{| |- | No, they cannot. Until the minor reaches adulthood which is 18 in Tennessee they cannot sign a contract with a bank. Someone must co-sign for the account and agree to be responsible. |}
yes
Yes they can
Yes, a minor can open a checking account in the state of Maryland but they might need a parent or guardian to be a joint account holder and provide consent. The specific requirements and age limits may vary between different banks and financial institutions. It's best to directly contact the bank you are interested in opening the account with to get accurate information.
No, an adult would have to be a co-signer. Until they reach 18 years of age, minors are not legally responsible for debts or contracts.
opening a checking account in nj
Call your state government to have them research who gave them your account if it was not you.
18
No.
18th birthday.
You must be past the age of a minor in your state.
18 Depending on your state, if the account is a UTMA/UGMA (Uniform Transfers to Minor/Uniform Gifts to Minor), the minor may not be able to withdraw money until s/he reaches 21.
can the state of Indiana freeze your checking account without letting you know? who would I contact in the state of Indiana gov.about this?Answercan the state of Indiana freeze your checking account without letting you know? who would I contact in the state of Indiana gov.about this?
"The minimums may vary state to state, but a good ballpark figure is $100 to open a checking account and $250 for an IRA"