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Is it possible to open a joint account even if your partner is in abroad?
Wiki User
∙ 10y ago
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.
Wiki User
∙ 10y ago
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Can your joint partner in an account endorse a check in your name before depositing it in your account?
no
If a partner is in prison can you freese his bank account if you are not a joint account holders?
If you are not joint account holders, you are not considered an owner of the account. Therefore, you have no rights whatsoever regarding the account.
How to remove the joint bank account without the permision of the partner who joint only Originally it's mine and I want to remove her to my joint No possible signature she's outside the country?
You will have to check with your Institution to find out their policies to remove someones name from a joint bank account without their authorization.With most banks, you will have to have their signature to remove them from the account.
Can a joint bank account be frozen in Missouri if one owner has a judgment against him?
yes a joint account in the bank cab be frozen if a person has a judgment against him. That account wth that number is frozen or the other partner will withdraw all the money.
Is it possible that 5 person open a joint account?
Theoretically speaking - Yes. Any number of people can have a joint account. But, practically speaking only 2 or 3 people hold a joint account together. The more the number of joint account holders, the more difficult it gets to handle the transactions in the account for both the customers and the bank.
Can revenue Canada freeze a joint bank account?
It is possible for Revenue Canada to freeze a person's bank account. This includes both single and joint bank accounts.
Will credit card companies go after a cardholder's live-in partner for payment when the cardholder can't make his payments?
Only if the person were a joint account holder. The account holder is the only person responsible for the debt (exception for married couples in community property states). However, if the parties own joint property, it is possible for a lien to be placed against the debtors share of that property.
Is it possible for a joint account holder to take all the money from the other joint account holder?
yes both have equal rights to the money so one could easliy take out all the funds
Can you drop your name off a joint checking account?
Yes it is possible to do so - PROVIDED - the account is in credit and the other account owners agree. It is best to do this in writing (see related question below). If the account is in arrears (overdrawn) the bank will not let you do this as you are joint and severally liable for the debt.
Can a student loan garnish a jointly owned bank account in Maryland?
It's possible for a bank levy to be placed on a joint account, it really depends on how the account is set up. Whether or not it is a marital account, a joint account with survivorship rights and so forth may determine what legal action can be taken.
What are some of the advantages of sharing a joint bank account with a spouse?
Some of the advantages of sharing a joint bank account with a spouse include reduced account fees and access to a larger pool of money for both parties. The disadvantages include reduced privacy and the risk that one partner could withdraw most of the money.
I am banking with you on behalf of my partner what procedure do i have to go through?
Incorporation of your business - a Power of Attorney - joint bank account - granting of the status of "Authorized Signatory."
