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What else can I help you with?
Who or what is a bank account holder?
A person on whose name the bank account is opened is called the bank account holder. He is the one responsible for maintaining the account.
Does a business need a bank account to operate?
It would be in the best interests of the business to have one in any event, but if your business is going to accept checks, you will need a bank account to deposit those checks in to as checks made payable to businesses typically cannot be cashed.
What is the function of ATM?
The ATM allows an operate to withdraw money from their account without actually going to their bank.
What is a disadvantage of a joint account?
The disadvantages of having a joint account areEither party can operate the account without the knowledge of the other partyThe bank cannot be liable to entertain claims when one party withdraws money without the knowledge of the other
What are the Disadvantages of having a bank account?
The disadvantage of having a bank account is that one day your bank might go bankrupted also there are time your bank account may be frozen.
Can a corporation operate without a bank account?
No definitely not.
When two people open a bank account together you call it a?
It is called a joint account. A joint account is one when two or more people agree to operate a bank account in a joint/collective manner and are together responsible for the activities in the bank account. One party can carry on with transactions in the account with or without the knowledge of the other holders of the account
Can a power of attorney and proprietor both operate an current account?
Yes. Both the owner/proprietor of a bank account and the person to whom they have given power of attorney can operate a bank account. Actually a person with power of attorney is as good as the person (in legal terms) itself and so they both can operate the bank account without any issue.
Does an LLC have to have a business bank account in order to operate legally?
Yes, an LLC is required to have a separate business bank account in order to operate legally and maintain the limited liability protection that the business structure provides.
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.
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.
How can one demonstrate proof of their bank account?
To demonstrate proof of a bank account, one can provide a bank statement or a letter from the bank confirming the account details and balance.
How old are you to have a bank account?
You need to be atleast 18 years old in order to open a bank account that you can operate individually. If you are less than 18 years old, you will be termed a minor and the bank will expect your legal guardian or parents to be a co-holder of the bank account.
How does one open up an account with TCF Bank?
One can open an account with the TCF Bank by visiting one of their local banks and arrange a meeting with an employee of the bank to create an account. One can also create a bank account on their website.
What age do you have to be to open a bank account?
You need to be atleast 18 years old in order to open a bank account that you can operate individually. If you are less than 18 years old, you will be termed a minor and the bank will expect your legal guardian or parents to be a co-holder of the bank account.
Can you get a hsbc bank account at 10?
You need to be atleast 18 years old in order to open a bank account that you can operate individually. If you are less than 18 years old, you will be termed a minor and the bank will expect your legal guardian or parents to be a co-holder of the bank account.
How does a seller create an account on trade me?
Trade me is a buying and selling website that consumers can bid on objects The site is ran out of new zealand and one must have a new zealand bank account to operate
