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Yes they can. A lot of banks have accounts for children. For example, Abbey have two 'Youth Accounts', one for 11-15 year olds and one for 16-18 year olds. This isn't unusual either. RBS has an account called RBS Revolve for 11-18 year olds (which I've heard is quite good) and even has an account for 7-10 year olds, which allows them to draw up to £10 a week. I think it's a great idea! Helps children learn what money is, how quickly it goes and that it doesn't quite grow on trees! Hope this helps, Becca
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∙ 15y ago
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Can a bank freeze all your bank accounts?
Yes. The government can even freeze your offshore bank accounts if the money is illegal.
What is bank account interest?
interest charged to bank accounts
Can banks attach savings when in house foreclosure?
If you have accounts in the bank that holds your mortgage, the bank can take the money in your accounts to set off what you owe in the foreclosure. You should never have bank accounts in the bank that you owe money to. If the bank requires an account, just open an account and put in the amount needed to direct-pay the bank.
What types of accounts does the Canadian Imperial Bank of Commerce offer?
Canadian Imperial Bank of Commerce offers accounts such as Checking, Savings and Banking accounts. You can view more information about these services and accounts at the CIBC website.
How do you find an old bank that no longer exists?
Before a bank closes, it will notify you of who will be taking over the active accounts there at the bank. Or all accounts will be closed and remaining balances will be returned
What is difference between Number of bank accounts and bank account number?
Number of bank accounts is how many bank accounts and bank account number is the number that identifies the bank account.
What types of bank accounts does Alpine Bank offer?
The Alpine Bank offers many different types of bank accounts including, personal saving accounts, personal checking accounts, Business checking/savings accounts and more.
What types of accounts does Yorkshire Bank offer?
Yorkshire Bank is a bank that is located in Europe. It offers many different services. The types of accounts that Yorkshire Bank offers are savings accounts and checking accounts.
How are business bank accounts different from personal bank accounts?
Business bank accounts tend to allow more withdrawals and have different rates of interest from personal banking accounts.
What bank offers specific children's accounts?
The Bank of Scotland is a bank which offers current accounts and bank accounts for children as young as 11 years old and there is no investment needed.
What types of accounts are offered from Amegy Bank?
Amegy bank offers checking accounts, saving accounts, interest accounts, business accounts, personal accounts, loans, credit cards, etc. They offer the normal accounts just as any other bank would.
information for my bank accounts?
balance of my accounts
How many different types of bank accounts do banks offer?
There are four major types of accounts that banks normally offer. It may vary bank to bank what their individual accounts are. The major types of accounts are checking accounts, savings accounts, money market accounts, and time deposits.
Can a bank freeze all your bank accounts?
Yes. The government can even freeze your offshore bank accounts if the money is illegal.
Are bank accounts or CD accounts of a deceased person considered personal property?
Yes, bank accounts are personal property.
What type of accounts does rainier pacific bank offer?
"The type of accounts the Rainier Pacific Bank offers are Savings accounts, Checking accounts, Investment accounts, online accounts, business saving accounts and high yield savings."
How can one compare business bank accounts?
One can use the Money Supermarket website to compare business bank accounts. It is important to compare bank accounts in order to get the best one available.
