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yes it is illegal. but yet its not. because you are not putting your real name on the bank account but it is totally up to yourself if you want to get into trouble or not.
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∙ 13y ago
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How do you set up a bank account that is not in your name?
Answer: Unless the account will be in the name of your child or a corporation of some kind, it would be illegal to open an account using a false name.
What is the FALSE name that Whoopi Goldberg has to use to open and close the bank account?
Molly Jenson :D
Is it illegal to use your husbands bank card with your name not on the account but he has you write checks from it to pay bills?
Not if he knows about it and gave you the card.
What Does Bank Account Name mean?
It is the name of the account holder
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.
What does bank account holder mean?
its a type of bank account where the name of the account holder is kept secret.
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.
Is it illegal to remove your spouse from joint checking account?
No. it is not mandatory to have a joint account with your spouse. If you feel, you no longer wish to have your spouse in your joint account, you can let them know and then contact the bank to remove their name from the accounts joint holders list.
What if only one name on a bank account?
karnataka bank
Given an account number from the China Construction Bank how can you identify the beneficiary?
Name of Beneficiary- Moncila Victory Bank Name- China Construction Bank Account Name- Moncila Victory Account No. 6217004280000025468 Swift Code- pcbccnbjgsx Bank Address- Gansu China.
Can a bank freeze savings account citing kyc non-compliance?
Yes. The bank has the right to freeze a bank account (irrespective of the type of account) if they are not able to verify the KYC details of the customer. KYC stands for Know Your Customer and it is a process which checks the background of the customer and verifies his details like name, address, occupation etc. This is done to prevent illegal elements like terrorists or smugglers to gain access to the banking system. So, if your K YC fails, the bank may freeze your account to prevent illegal activities. If you can prove your details to the bank, then, they will be more than happy to re-instate your account.
How do I have my name added to a bank account?
Go to the bank with the account holder and fill out a signature card for file.
