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In most cases (depending on local laws), minors are not able to hold their own bank accounts. Some banks may offer minor savings or teen accounts that are co-owned by a responsible adult or have a designated custodian who can transact on behalf of the minor. You should check with your parents/guardians who can get more information from a nearby bank for you.

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14y ago

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From what age can you have your own bank account?

17


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.


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.


Do you own your own money?

You can own it, but that does not necessarily give you power over it. It may be in trust until you reach a certain age (for instance in a bank trust account or in an inheritance).


Can a bank overdraw your account to pay their own charges?

It Depends: Yes - If you have a valid overdraft account with the bank and you currently do not have enough balance in your account to pay for bank charges No - If you do not have a valid overdraft account with the bank.


Online Bank Account?

form_title= Online Bank Account form_header= Bank from anywhere with an online bank account! Who is your current bank provider?*= _ [50] What is your current interest rate?*= _ [50] What account types do you own?= [] Checking [] Savings


Can you provide your employer with Dad's bank details until your own bank account is set up?

Typically, you can not provide your employer with your dad's bank details while you are waiting for your own bank account to be set up. Most employers require your name to be on the account before they can deposit money to an account.


Does Commerce bank offer online checking account?

Yes, Commerce bank does offer online checking accounts. In this modern age most banks do online banking and checking accounts. does citi bank own emigrant savings bank


Can a person transfer his account from one branch to another without changing the account number?

Every bank gets to make their own rules about such things, however, I have done that successfully with my own bank account.


How do you make a bank wire to another bank without a bank account of your own?

You don't. You may be able to send your cash using a service such as Western Union, which does not require a bank account. Wire services require a bank account.


What bank account would children open?

A savings account with a parent as custodian. You have to be 18 to have your own account.


What do own banks ATM mean?

Own Bank ATM means that the Bank owns the ATM. If you are a customer of this bank then there is (usually) no charge from withdrawing your own money from your account using this ATM. If the ATM were owned by another bank, you would most likely have to pay a charge to withdraw money from your bank's account.