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The best and perhaps only way to obtain the correct information is to ask the person in charge of accounts at the bank where the application was made. It is could be that the person trying to open an account has been placed on Chex System for having written NSF checks or some violation of bank policy You can also find more related answers at the following URL: http://wiki.answers.com/Q/Why_would_you_not_be_allowed_to_open_a_new_checking_account
Most banks use information from credit reports or other banks that is up to five years old. I was not allowed to become a joint account holder on my husband's Union Planters account and had to ask a lot of questions to find out why. Four and a half years before, my ex-husband had overdrawn an account with my name on it and had caused that account to be reported to the credit bureau. That account had since been paid off and did not show on my personal credit reports, but it was in whatever system Union Planters was using to allow new accounts. I went to an accounts manager and was able to get an exception rather than having to wait six months for the incident to be five years old. Good luck!
Banks, credit unions, savings and loans and other such financial institutions use Chex Systems to determine the eligibility of a person applying for banking privileges. A negative entry on a Chex Systems report will remain for 5 years after the infraction occurred. Chex System Inc. http://www.chexhelp.com, 1-800-428-9623
What else can I help you with?
Can you open another checking account?
Yes, you can open another checking account.
Where can I Open A Checking Account without a credit check?
You can open a checking account with badcreditnic.com. The do no check your credit.
If you just filed for bankruptcy and are on Chex systems and can not get an account how long do you need to wait before you can open a new checking account?
It will probably be two or three years before you are able to open up a checking account. Bankruptcy severely effects your credit.
How can you open an online business checking account?
In order to open a business checking account online you first need to decide which bank you would like to have a checking account through. Then you should go to the website and follow the steps listed to open a checking account.
Where can one open a checking account at a bank?
One can open a checking account at a bank quite easily. There are many different banks, such as Bank of America, TD Bank, or Citibank. One could go to the website of these banks and find out more information on the website about opening a checking account. However one may go to one's local bank and open a checking account in person.
Where in the bank do you go to open an account?
i want to open a checking account
Where could you open a checking account?
You'll probably find that a bank is the appropriate place to do this.
What credit do both persons need for a joint checking account?
Most Financial institutions open checking accounts through a credit bureau call Chex Systems, if your are not in their files for anything negative you will most likely be able to open an account.
How old you have to be to open checking account in North Carolina?
how old must a customer be to open a checking account in north carolina
How do I open a checking account?
Contact local banks, compare features, go to the banks website and select the "open a checking account" option.
Where can one find information on how to open a checking account?
A local bank is the very best place to find information on how to open a checking account. Each bank has different incentives, interest rates and promotions. Some banks will even offer a gift card for opening an account.
What year do you have to be born in to get a checking account?
Most banks have a minimum age of 18 to open a checking account with a parent or guardian. If you open a joint checking account with a parent or guardian, the minimum age is usually 13.
