0
A children's bank account is usually a custodial savings account. This type of savings account allows parents to save money for their children's futures.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What are the examples of contra voucher?
# Cash account to Bank account # Bank account to Cash account # Bank account to Bank account
Which one is correct sentence.you have a bank account in this bank or you have a bank account under this bank?
"you have a bank account in this bank" is the right phrase.
Is bank account perosnal account?
yes bank account is personal account
What are some good childrens savings accounts?
Often, parents open a children's savings account at their local bank. Since the parents already use the bank, the bank's policies are already familiar to the parents; therefore, parents generally feel more comfortable opening their child's account at the same bank. However, another good option for parents is the Capital One 360 Kid's Savings Account. With only a $25 minimum to open an account, this children's savings account offers parents an affordable solution to their children's banking needs.
Can I open a click bank account with no bank account or can I use my PayPal as a bank account?
PayPal is not a bank you need to have a bank account to open a PayPal account. The reasoning for this is because PayPal pulls the money from your bank to make purchases.
Why is your bank account under investigation by your bank?
why is your bank account under investigation by your bank?
Is bank account a real account in accounting?
No bank account is a Personal account in Accounting
How does one hold a bank account?
To "Hold" a bank account is the same as having or owning a bank account. If one has a savings account, they hold that account.
Is saving account a bank account?
If you have a savings account at a bank, then it is a bank account. If you have it in another kind of institution, such as a Credit Union or Savings and Loan, then it is not a bank account, although some people use the term "bank account" loosely and apply it to any savings account anywhere.
What is the entry for bank loan account?
Debit Bank Account - Assets Credit Bank Loan Account - Liability
When do we debit bank account?
We debit our bank account every time with withdraw (take out) money from our bank account.
What is difference between Number of bank accounts and bank account number?
Number of bank accounts is how many bank accounts and bank account number is the number that identifies the bank account.
