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16y ago

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Where can a 12 year old get a bank account?

All banks do that. All banks have facilities where kids can open bank accounts. However, they will require an adult to be a joint holder or guardian for the account until the kid turns 18. The kid can visit the bank branch themselves to deposit any cash they want (you can even deposit $5 or $10 into a kids savings account). Actually banks these days are encouraging kids to have their own bank account in order to educate them about money and how to save for a better future.


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.


Which banks are best for a child's first bank account?

The Capital One 360 Kid's Saving Account is designed to teach children how to save money. It has very competitive interest rates and charges no fees. Capital One 360 Money and Ally Bank are also great choices for your child's first bank account.


Is bank account perosnal account?

yes bank account is personal account


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.


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.


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.


When do we debit bank account?

We debit our bank account every time with withdraw (take out) money from our bank account.


What is the entry for bank loan account?

Debit Bank Account - Assets Credit Bank Loan Account - Liability

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