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What else can I help you with?
Can a minor open a checking account in the state of Maryland?
Yes, a minor can open a checking account in the state of Maryland but they might need a parent or guardian to be a joint account holder and provide consent. The specific requirements and age limits may vary between different banks and financial institutions. It's best to directly contact the bank you are interested in opening the account with to get accurate information.
Can a minor child open a checking account without a co signer in the state of Ohio?
Yes they can
What banks in southern California will allow a 16 year old open a checking and savings account?
Wells Fargo, if your parent is added on the account with you. They have a checking called the "teen checking" that is specifically designed for people between 13 and 17. Once you turn 18, you can open an account without your parent having to be on it with you.
Can a minor open a checking account in the state of Alabama?
Yes, definitely. But, the minor would need his parents or legal guardian to be a joint applicant and holder of the account. Banks will have no problems giving you an account as long as an adult is a co-holder of the account.
How old can you be in order to open a checking account with a parent if you are underage?
I opened an account for my child (checking @ 15 years old, his name on checks not mine) and grandchild when they were only 6 months old. For no charge. It was a trust account but when they became of age I converted it over to them. Hope this helps silverpenny
Can a seventeen year old open a checking account in Arkansas?
{| |- | Not by themselves. Until the minor reaches adulthood they cannot sign a contract with a bank. Someone must co-sign for the account and agree to be responsible. |}
How do you write a letter to the bank manager for change the minor account to major?
Ka re mandu ka ho
Can a minor be responsible for a checking account in the state of NC?
No, an adult would have to be a co-signer. Until they reach 18 years of age, minors are not legally responsible for debts or contracts.
Can creditor garnish bank account with minor as beneficiary?
Yes. They cannot garnish the minor's account, however.
Can a check be deposited into a minor account?
If the minor is going to do it alone - Then No. If the minor is taking an adult guardian with whom they have a joint account - Then Yes. Banks do not let minors transact alone and by themselves with them because of their age
What is a custodial account?
A custodial account is an account set up by an adult to benefit a minor.
How do you write a letter to bank on change of status from minor to major?
A letter to a bank changing status from minor to major should include documentation through a birth certificate. In addition the letter should indicate the desired account change due to the change in status. Contact information should be included.
