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Yes, you can open an account with anyone you choose to.
Just be careful though! Who ever is the primary on the account (the person listed first on all of the paperwork) will be held responsible if the other joint holder overdrafts the account, and this primary account holder can also be put onto chexsystems do to the joint owner's actions.
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∙ 16y ago
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Can you legally take money from your husband's checking account?
No, not without being on his account...or actually having approved access to it by him.
What is Standard Checking Account?
A standard checking account at most banks is an account where a person puts money in, and then they can write checks to pay their bills or get cash. A standard checking account might have a minimum balance the account holder has to maintain, without being charged a service fee.
Can your checking account be garnished without wages coming in?
if you account is being garnished you would have an order from the court in your area.. Unless it Federal
What is Check standard?
A standard checking account at most banks is an account where a person puts money in, and then they can write checks to pay their bills or get cash. A standard checking account might have a minimum balance the account holder has to maintain, without being charged a service fee.
Is it correct to say do not leave large balance in checking account?
That is close to being correct, but not quite. A better phrasing would be, do not leave a large balance in your checking account.
How do you protect a checking account from being attached by a judgment?
Take all the money out and close it out as fast as you can.
How can one save money in an organized and fashionable way?
The easiest way is to set up an automatic debit against your paycheck or checking account at your bank, with a specified amount being automatically taken from your paycheck or checking account and deposited into a savings account.
Can fraud freeze an checking account?
Yes. All sorts of fraudulent activities can lead to a checking account being frozen. The bank may temporarily freeze the account if they suspect fraudulent activities in the accounts transactions. And, the bank can permanently freeze the account if there is a legal advice from law enforcement agencies reg. your account
If you deposit a cashiers check to a friends checking account do they pay taxes the money is mine and 5 figures?
If the money that is being deposited into the checking account is a gift, then they do not pay taxes. However, if this is a business transaction, then they may have to pay taxes.
Can your bank account be debited without you being told?
NO.
Does being reported to chexsystem affect your credit score?
No, but it will impact whether you will be allowed to open up a checking account.
What is a DDA debit from a checking account?
A "debit" is a subtraction and "DDA" means checking account. You should contact your bank directly for information about exactly WHY your account was debited, but here are some possible reasons:- You requested a transfer to another account from your checking account, and a DDA debit form was used to complete the transfer- You are overdrafted on another account or owe the bank money and they have recollected their loss by debiting your checking account- You deposited checks and totaled them wrong on the deposit slip, so the bank has made an adjustment to reflect the correct total- You are being charged for another reason, such as a returned check
