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You cannot. You can only open an account on your name and nobody else can do that. Similarly, the other person you are talking about here has to visit the bank personally and ask for opening an account. No one else can do it for him.
However, if you insist on doing that, you need to get a legal power of attorney from that other person if you want to do it. The power of attorney gives you unlimited powers to act on behalf of the other party and do anything on his behalf.
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∙ 13y ago
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Can they touch bank account in your name and another name?
no. unless the person who owns the account dies; therefore, maybe their kids can if they are old enough
Who owns your money in a bank account you or the bank?
The person whose name is on the account owns the money. The bank holds it for them.
Who or what is a bank account holder?
A person on whose name the bank account is opened is called the bank account holder. He is the one responsible for maintaining the account.
Can a person close a bank savings account not in their name?
A bank account can be closed only by the individual who holds the account. He/she needs to visit the bank and sign the account closure form in order to close their bank account. No one else can do that. But, if the account holder has given the legal power of attorney to another individual, he can act as a proxy for the customer and close their bank account.
Can your salary be paid into a bank account in a different name?
No. A person's salary can be paid only into a bank account that is held by the person to whom the salary is paid. For ex: if I work ABC company and get a monthly salary of USD $3000, the money can be credited only into a bank account that has my name as the account holder. It cannot be paid into your bank account.
How do you write a letter to bank manager for cash deposited in wrong account name same account number?
One could write a letter to a bank manager for a cash deposited in the wrong account name with the same account number but it is recommended that one go to the bank immediately and speak with the manager directly about the mix up, as well as to request an account number that is not shared by another person,
What is another name for a bank statement?
print out, read out, summary of account.
How do you write a check for deposit to another account?
A two party check will need to be signed by the original recipient as well as by the person it is signed over to. This may need to be done in the presence of a bank teller depending on their policy and it will need to be deposited into an account to be held until funds clear.
How do you remove someone else's name from a bank account?
A person will need to check the bank's requirements in order to remove someone from a bank account. The primary person will need to contact the bank and will most likely have to go to the main bank branch.
How do you check account person name from bank account number?
Call the bank and maybe they'll tell you, otherwise you won't be able to know.
What does 'name of account holder' mean?
Name of account holder refers to the name of the person who owns the account. This can be for bank accounts, credit accounts, loans or utility services.
How do you edit my name in SBI bank account?
Updating the name on a SBI bank account can be done in person at an SBI UK Branch or in writing. A current proof of identification document is required.
