yes they can. Many banks run random checks with chexsystems and they will close accounts if the account holder has a negative report
It will probably be two or three years before you are able to open up a checking account. Bankruptcy severely effects your credit.
If you are added as a joint owner on someone's checking account, you may have some responsibility for any debts or liabilities associated with that account. It depends on the terms and conditions of the account and the agreement you have with the other account owner. It's important to carefully consider the implications and potential risks before agreeing to be added to someone else's checking account.
None. Even secured cards require a specified balance in a checking account, before they are granted.
You can visit the bank branch where you hold the joint account and submit a written request to remove your name from the list of account holders for that account. The bank may ask you to get the other holders of that joint account and ask them for approval before doing so.
One of the best banks for college students is KeyBank. They offer student checking accounts for children ages 16 and up. It is a great way to start a checking account before a student gets to college.
An interest bearing account can be allowed withdraws immediately, like a regular checking account. A NOW account generally requires a seven day notice before money can be withdrawn. So they're similar, only one requires a notice to get money out of.
To deposit money into someone else's account through an ATM, first, locate an ATM that accepts deposits. Insert your debit or credit card and enter your PIN. Select the option for "Deposit" and then choose the account type (checking or savings). Enter the recipient's account number, insert the cash or checks you want to deposit, and confirm the transaction before completing it.
TCF offers a range of options in its checking accounts including free checking and student checking accounts. Ultimately one would have to consult with a banking consultant before deciding which kind of checking account best suits their needs.
Endorse, or sign, the check on the back. Put your account number on there and write For Deposit Only.
This should pose no particular problem, presuming your not trying to open an account using a check from the closed one! Any bank should be happy to open a new checking account for you, if you have an inital deposit (any bank will wait for your deposits to absolutely clear before letting you draw against them). Checking accounts are not really a credit thing...you can only legally write checks for money you have already deposited.
There are fees associated with opening a business checking account at Bank of America if the account is closed before a set amount of time. Business accounts may qualify for 2 months of free transactions, but after that the fees will apply.
It is always a good idea to do some research on a bank before you open an account with them. If you go to Bankrate.com you can browse through different bank ratings.