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.
you
You go to the bank and ask for the person responsible to help you with that. Requirements vary, depending on the country and the bank, but typical requirements may include to start the account with a certain amount of money, and to present certain documentation (for example, your ID document).
yes bank account is personal account
You are responsible for any money that is present in your account. If you feel some transaction (a deposit) has happened in your account which you are not aware of, you must notify the bank of the same. If you happen to hold on to this money and it so happens that this money was being used by terrorists and they put it into your account by mistake, you will also be in trouble. So it is better if you intimate the bank reg. this.
who is responsible for confirming your bank account balance
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.
you
The survivors of a decedent are not responsible for his debts unless they co-signed a loan with him. So no, you are not responsible simply because you had a joint bank account.
When someone dies, their estate is responsible for paying any taxes owed on the assets they leave behind, including their bank accounts. The executor of the estate is typically responsible for ensuring that any taxes are paid from the deceased person's assets before they are distributed to heirs.
The Blood Bank
A child savings account is a bank account that allows and teaches your child to save their money in a safe and responsible way, at a bank instead of somewhere at home where it can get lost.
The estate can earn dividends on a bank account. The executor is responsible for making sure this happens and it gets included in the estate.
It is generally safe to give a landlord your bank account information. They are usually responsible and need it for credit checks or guarantees of payment.
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
I think it's the code for an automated bank withdrawal to a "Balanced Strategy" (bal strat) IRA or Mutual Fund. I moved some money from my checking account to a "Balanced Strategy" fund and this is how it was coded by my bank.
# Cash account to Bank account # Bank account to Cash account # Bank account to Bank account