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No, you cannot. Having a joint PayPal account is a violation of Paypal's TOS. I had an account for about a year with both mine and my wife's name on it. At some point, Paypal noticed and locked my account. Everything was frozen. I couldn't send money, withdraw, etc. I needed to jump through a bunch of hoops, faxing documents including my SS card, a utility bill, etc. to prove my identity and they told me the problem was the joint status on the account. After everything, it took about a week for everything to be resolved and they removed my wife's name from the account.
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∙ 13y ago
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Can a check made out to a husband and wife be signed only by the wife?
No. Both have to sign the check.A bit more:Unless the laws on this have changed since I worked in banking, an exception to this is if the husband and wife have a joint bank account, then only one of them can endorse (sign) the check if they deposit it directly into their joint account.
Can husband take money from joint account without wife permission?
Of course. That's the purpose of a "joint" account.
Can you use a joint bank account in PayPal that is already used by your partner for their PayPal account?
No because they are too dense to figure it out I have the same issue so I have to keep an old bank account open as I want to buy my own things without the wife having to grill me on "Why do you need that" Paypal I know your are covering your butts because of either partner saying they didnt want that. block payment etc. They are losing money as people will say Ill go elsewhere. Silly silly people, if the banks can figure it out why cant you??
Should married couples get a joint checking account?
There are pros and cons to spouses sharing a joint account. In today's volatile economic climate, it is more adviasable to have separate accounts. If you wish to have a joint account, use it as a maintenance account for paying joint bills: mortgage, utilities, groceries, etc.
If husband dies and has a joint bank account with wife is the account frozen on notification of husband death and does this apply to all EU countries?
From personal experience with a big UK bank, I csan say that our joint account wasn't frozen when my wife died. I don't know about the crest of the EU.
What allows the husband and wife to deposit and withdraw money from the same place?
Joint accounts. A joint account has both peoples' names on it so either of them can withdraw from it. Also there's no saying they couldn't have separate accounts and still be able to deposit and withdraw from the same bank. Just not from the same account.
What about if husband authorizes wife to sign check and puts it in a joint checking account?
then it would be okay
If your ex-wife files for bankruptcy can you go after her for not paying on a joint account?
Not if the debt is discharged in the bankruptcy.
What is a joint savings account?
A Joint Savings Account is when two people have joint access to the savings account. If a Wife and Husband, Boyfriend and girlfriend, parents and child open a Joint Account then "either" one of them can access ALL the money in the account. If one of them is involved in an illegal activity the Police can freeze the WHOLE account and "can" take ALL the money. It would be up to you to prove the money didn't come from the illegal activity. (Actually they would freeze separate accounts in the same household also) Good and bad parts are you both can access the money as needed, but the other person can "empty" the account with out your say so.
What is a joint account?
A Joint Savings Account is when two people have joint access to the savings account. If a Wife and Husband, Boyfriend and girlfriend, parents and child open a Joint Account then "either" one of them can access ALL the money in the account. If one of them is involved in an illegal activity the Police can freeze the WHOLE account and "can" take ALL the money. It would be up to you to prove the money didn't come from the illegal activity. (Actually they would freeze separate accounts in the same household also) Good and bad parts are you both can access the money as needed, but the other person can "empty" the account with out your say so.
Your father gave you power of attorney for all financial matters He has a joint account with his wife Do you have any control over the money in his joint account?
You have the ability to represents the living person. That would include the ability to empty a checking account.
Both husband and wife are on deed as joint owners. Can husband make a deed to a girlfriend without the wife knowing?
no
