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Q: Can you add a person on your bank of America account in makati Philippines?
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What is the difference between person fund vs account fund?

The difference between person fund and account fund is that a person fund is transferred to the recipient in person, while the account fund is transferred to the account of the recipient.


If someone files for bankruptcy and another person is linked to one of their credit cards will it affect that other persons credit?

Not really, if Person B is just a person who received an additional card with access to that account. Person A is the person's whose credit is on the line for the account. Person B is in no way liable for the account because Person B is not part of the credit card agreement. The bankruptcy will not affect person B. Now the reason I say "not really" is because that account will be closed and Person B will no longer receive the benefit of having this account on their credit report as an authorized user. There may be a slight decrease but only from the general closure of an account.


Can the named ITF withdraw the bank account funds?

No the person can not transact on the account.


How does one open a trading account with iOCBC?

To open a trading account, one must go onto the iOCBC web link. Then click on the subheading named "accounts." Depending on what account the person wants, the person will then click on the preferred account, then follow the instructions to create their account.


If you have a joint bank account and one person dies is the money taxable as income?

No, the money isn't taxed because it is already in the hands of the people on the account. As a person on the account you only need to withdraw the money.

Related questions

What year Philippines start using facebook account?

Facebook was launched in February 2004. It cannot be known who was the first person in the Philippines to create an account


How many digit number in a Bank of America account number?

Bank of America uses a nine digit number for their bank accounts. Each person has their own account and has different numbers.


Who brought wheat in the Philippines?

a crazy little person named Benz decided to steal some wheat in America to the Philippines. he did this by hiding the seeds in his nose holes then some on his toe nails so in the airport they wont see it.


Who is the most famous person in the Philippines?

Manny" Dapidran Pacquiao is perhaps the most famous person in the Philippines.


What is fillipino?

A person from the Philippines.


What is the difference between a bank statement and a statement of account?

Hello, A bank statement is a listing from the bank of the deposits to and withdrawals from a depositor's bank account. A statement of account is actually a billing statement - a documents that asks the person/ company to whom a statement of account is addressed to pay the amount stated in the said document. Tessjavier from the Philippines


Who is the person who declared independence of the Philippines?

Philippine history books say that Gen. Emilio Aguinaldo was the one who declared the Philippine independence but soon after this, the country was under the control of America. it is said that the Philippine independence was granted only after WWII. but in historical terms, Emilio Aguinaldo was the person who declared independence in the Philippines.


What a different of the words Philippine and Philippines?

Philippine is the type of person and Philippines is the place.


Who is the most rich person in the Philippines?

Henry Sy is the most richest person of Philippines. He has$4 billion of wealth.


What is the difference between person fund vs account fund?

The difference between person fund and account fund is that a person fund is transferred to the recipient in person, while the account fund is transferred to the account of the recipient.


Do you have to pay a reactivation if there is a long time account that has been open by another person and you are the only beneficiary to it?

Do you have to pay a reactivation fee when a peson had a long term account with Bank Of America and they passed away and left you the beneficiary


What do you call a person from Philippines?

A person from the Philippines is called a Filipino.