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If you want to open an individual account then you must be atleast 18 years old. But, if you are a minor (less than 18 yrs.) you can always open a joint account with any of your adult family members like mother, father, elder brother etc. banks do not say no to any customer who wishes to open a bank account (Unless they have a valid reason because the customer is bankrupt or has criminal record etc.)
And - To get an overdraft facility you must be either employed or in a business in which you are earning an income every month.
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How old do you have to be to get an over draft on a bank account?
Old enough to get a bank account. If you withdraw more money than you have, no matter your age, you will get an overdraft.
Can you get a bank account at age 17?
In the UK you can get a bank account from the age of 11. You can get a savings account before that.
How old do you have to be to get a overdraft?
If you're referring to a bank overdraft, any age really. An overdraft is just when you've spent more than you have in your account. Different banks have different policies. Some allow you to tie your (presumably) checking account to a savings account, and provided that you have funds in the savings account, they will automatically move money over for you (for a fee of course). If you are over 18 and eligible, you can also sign up for a line of credit which is basically a credit card, only with out the card and only for your bank account. If you are out of money in checking and savings, and you have a line of credit, they will take money from there. Many places don't like having to charge you for poor money management, but they do it anyways because it is a potential avenue to make some money. If you find yourself in a hard spot, talk to your bank because many times they will forgive your first overdraft.
What age do you have to be to take money out of your bank account?
-18
What is the minimum age to open up a bank account?
There is no minimum age limit
How old do you have to be to get an over draft on a bank account?
Old enough to get a bank account. If you withdraw more money than you have, no matter your age, you will get an overdraft.
Can you get a bank account at age 17?
In the UK you can get a bank account from the age of 11. You can get a savings account before that.
How old do you have to be to get a overdraft?
If you're referring to a bank overdraft, any age really. An overdraft is just when you've spent more than you have in your account. Different banks have different policies. Some allow you to tie your (presumably) checking account to a savings account, and provided that you have funds in the savings account, they will automatically move money over for you (for a fee of course). If you are over 18 and eligible, you can also sign up for a line of credit which is basically a credit card, only with out the card and only for your bank account. If you are out of money in checking and savings, and you have a line of credit, they will take money from there. Many places don't like having to charge you for poor money management, but they do it anyways because it is a potential avenue to make some money. If you find yourself in a hard spot, talk to your bank because many times they will forgive your first overdraft.
What is then Legal age to have a bank account?
You do not need to be a minimum age to open a bank account in Ohio. However, you must be at least 18 years old to manage the account.
From what age can you have your own bank account?
17
How old do you have to be to start a bank account in Georgia?
With a parent or guardian also on the account, a child can have a bank account at any age. They cannot, however, have a checking account.
What age do you have to be to take money out of your bank account?
-18
What is the minimum age to open up a bank account?
There is no minimum age limit
What age are you legally allowed a bank account?
You may solely own a bank account whenever you turn 18 or are legally able to contract with the bank. Otherwise, your parent or guardian will have to be on the account with you and accept responsibility for the account.
How old do you have to be to have a bank account?
There is no age limit, however those below the age of 18 typically have a co-account with an adult.
What is the age requirement to open an account in a commercial bank?
16
Can I get a loan if I don't have a bank account?
No. Even if you qualify for a loan by means of age or employment or income, the bank will ask you to first open a bank account before you are granted a loan. so, in order to get a loan you need a bank account.
