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Ask that bank, each bank company has different policy.

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Q: Can you open a new bank account with bank you owe money to?
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What do I need to open an account at Spencer Savings Bank?

In order to open any bank account you are likely to need at least one form of government identification, a Social Security number or Tax Identification number, and some money to put into the account. As Spencer Savings Bank is located only in New Jersey, an additional requirement will be to be in the New Jersey area.


HOW DOES ONE APPLY FOR A NEW ACCOUNT AT A BANK?

"It's very easy to apply for a new account at a bank. You can either go into a local branch, and open an account. You can also call them up and provide your details."


If you owe money to another bank can you open an account with a new bank?

no obviously Actually, you may be able to. At some smaller branch (local) banks, they will let it slide. Although, you won't be given credit, or an ATM card with a credit logo on it. I was able to open a checking account, and had an ATM card with no visa/mc.


How do you put money that is your own in a bank account without using your own name?

You can put it into a trust account owned by an attorney; you can set up a trust of your own and open an account in the name of the trust, with a trustee's name; you can use the money to capitalize a new corporation of which you're the only shareholder and then deposit the money in the corporate account, among other ways.


Does the Bank of America allow you to open a savings account online?

Yes they do and they make it easy for you. Simply go to the website, click open and account and fill out the relevant information and you will have a new savings account!

Related questions

How can someone open a new bank account?

One can open a new bank account by having some money, proof of address, ID document of the country. After providing these documents to banks one can open a new bank account for what ever one's needs might be.


How much money do you need to open a bank account in TD Bank?

It depends on the type of account and it is usually a few hundred dollars. at max it could be $1000 to open a new account


How can open new account in NCB bank?

Open account for ncb


How do you find out if you are eligible to open a bank account?

You go to the bank, and ask to open a new account. They will tell you yes or no.


Confirmation letter from employer to open new bank account?

When writing a confirmation letter from an employer to open a new bank account, the letter should include the account number. The letter should also include when the account will be open.


HOW CAN I OPEN A BANK ACCOUNT IN DOHAs?

Resident in Qatar or new to Qatar customers can open a Current Account by transferring the salary to Bank.


How do you take a person off your checking account?

Call your bank. Each bank's policies may vary. An easier solution would be to withdraw your money, then open a new account in your name only.


Two of my bank accounts got send to collection can i open a new bank account and if i cant why not?

It is not that you can't open an account. Most if not all banks will not want to have you as a customer. They will not allow you to open an account with them. One you have two accounts in collects why would they want to become the third entity that you owe money to.


Why is it more complicated to open and operate a bank account?

the simple reason is money laundering and identity theft. Banks now must ensure they comply with strict guidelines in opening new accounts. Whereas before you cold go into a bank and open an account now it may take a few days if not more to open an account, regardless if your known to the bank or not. The bank is required by international banking law to ensure that you are who you say you are and that you do not intend to use the bank account to deposit money in to it that may have been gained by illegal means.


What do I need to open an account at Spencer Savings Bank?

In order to open any bank account you are likely to need at least one form of government identification, a Social Security number or Tax Identification number, and some money to put into the account. As Spencer Savings Bank is located only in New Jersey, an additional requirement will be to be in the New Jersey area.


Can i open new bank account with my tax refund?

Yes


If you have a joint checking account with your husband can he close it or remove your name without your signature?

He cannot remove your name from the account. However, he can close the account and then open a new account with the money. Just remember this can work both ways. With a joint account either person can go in and close the account out and then take the money and open themselves a new account. Most of the time it depends on who makes it to the bank first to close out the account.