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How do you understand why every person can not open an account?
Wiki User
∙ 11y ago
Because people have different finacial statement, and yoyu can not open an account while you are not bankable nbesides banks don't give loan to poor because they can't be able to pay back the loan with interest easily.
Wiki User
∙ 11y ago
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Can you open a bank account if you are unable to attend in person?
It depends on the type of the account there are many checking accounts out there that give you a branded card for a fee every month.
Can you open a saveigs account for a friend?
No. You cannot open a savings account for your friend. Only the concerned person who wants the account can open the account. Proxy account opening is not allowed.
How to open a bank account in pakistan?
A person can open a bank account in Pakistan by visiting the bank in person. There are also online banks where you can open an account and send the information needed via fax or email.
Procedure for opening of Bank Account for Blind Person in India?
The procedure for opening of bank account for blind person in India dictates that they cannot open an independent account. They are required to open a joint account with a sighted person.
Can a person open a salary account?
Yes he/she can
Can you open a bank account for someone else?
No, unless you have legal guardianship for that person, a bank will typically require the intended account holder to open the account.
Can you open a savings account for another adult?
No. A person can only open an account for himself. They cannot open an account on behalf of someone else. It is illegal and it should not be done. If I want a bank account, only I can open it and cannot ask or expect anyone else to do it for me.
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.
How about if below 6 years old open account?
you wont be able to understand what is happening You are under age
Is it possible to open a joint account even if your partner is in abroad?
No, it is not possible. In order to open a joint account all the parties involved will have to visit the bank in person to open the account. You can open a single-holding account now and then, when your partner returns back home, you can add them as a joint holder of the account at a later point in time.
What things does a person need to open a checking account?
When opening up a checking account every person who will be on the account needs.. 1) To be present. 2) To have their Social Security Number. 3) To have a Passport or State Issued Driver's License or State Issued Identification card. For children a School I.D. will work just fine.
If a person is on a bank account with someone why does that person become responsible for any mony owed to bank?
Being "on a bank account" means that the co-holder accepted responsibility for the account. This happens when a co-holder signs an agreement or contract. If you do not want responsibility, don't open joint accounts. Read all contracts and make sure you understand the terms before you sign them.
