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No. A Savings account can only be opened by the individual who is going to own and operate the account. Proxy account openings are not allowed in the banking industry. Unless the customer makes a trip to the bank, he/she cannot get a bank account opened.

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14y ago

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Can you open a bank account for someone else?

No, unless you have legal guardianship for that person, a bank will typically require the intended account holder to open the account.


How can one go about starting an online trading commodity enterprise?

First, you need to choose a commodity broker. Then you must open an account with the broker. The broker does not necessarily have to open an account with you. They first must feel that you are worth the risk. You are more likely to be approved if you have good credit, stable income, and prior experience. However, lacking one of these things does not automatically disqualify you from starting to trade commodities.


What type of license do you need to start a lawn care business in WA?

You will need a business license from the city hall in the city you are based. The cost is about $100. You will also need to open a business checking account so your customers can pay you by check in your company name. I would also recommend a liability policy in the event you accidently damage a persons property like a rock flys out from a weedeater and hits someone's car etc.


How much is a business license?

You can obtain a business license from City Hall in the city you are based out of. The cost is usually under $100, then I would suggest you open a business checking account. Select a bank of your choice and they will tell you what needs to be done.


What is Stock acquisition non-open market?

Simply put, it is someone (usually an insider) purchases shares directly with a company. You will probably see this term on yahoo finance when looking at insider transactions. This transaction didn't happen on the open market, but was a private transaction. The transaction needs to be filed with the SEC.

Related Questions

Can you open a savings account for another adult?

No. A person can only open an account for himself. They cannot open an account on behalf of someone else. It is illegal and it should not be done. If I want a bank account, only I can open it and cannot ask or expect anyone else to do it for me.


Where can you open a savings account?

You can open a savings account at any bank or credit union. There are online bank savings accounts, too.


How old do you have to be to be able to start a eBay account?

18, if you are not 18 someone else has to open the account.


How much does it cost to open a savings account with INTRUST bank?

There is no cost to open a savings account at INTRUST; there are minimum that are needed to open one. For Money Market the minimum is $5,000.00, for a regular savings account, $100.00 and for the Youth Savings Program, $10.00


Can I open a savings account online?

Yes, you can open a savings account online through many banks and financial institutions.


Can you open a savings account online?

Yes, you can open a savings account online through many banks and financial institutions.


Can you open a bank account for someone else?

No, unless you have legal guardianship for that person, a bank will typically require the intended account holder to open the account.


Can I open a savings account if I have a judgment against me?

Yes, you can open a savings account if a bank allows you to. Usually banks are not as strict with savings accounts as they are with checking accounts.


Can you get in trouble opening a bank account for someone else?

Yes you can. It is illegal to open a bank account for someone else unless they have given a written legal power of attorney to you.


Can I open up a savings account online?

Yes, you can open a savings account online through most banks and financial institutions.


Can you open up a savings account online?

Yes, you can open a savings account online through many banks and financial institutions.


How much the initial deposit to open a savings account at bpi family savings account?

1000