Sentences with phrase «deposited in a joint account»

In the second case you will have to deposit in a joint account OR bring the other person with you to the bank and have them show their ID to the cashier and endorse the check in their presence.

All funds deposited in a joint account, including any interest earned, become the property of all joint tenants.

Not exact matches

The FDIC provides separate insurance coverage for deposits held in different ownership categories such as single accounts, joint accounts, Individual Retirement Accounts (IRAs) and trust accounts.

If you're buying, you'll also need to deposit between 1 % to 3 % of the final sale price in a joint escrow account with the intended seller.

Another Idea I had was to open a joint account with her and have the 40k deposited in and write a gift notice to the mortgage company..

Interest on a joint account in the UK is attributed to both account holders with an equal 50/50 split, regardless of who has deposited the account balance.

In the first case, you should be able to deposit the check in either person's individual account, or a joint accounIn the first case, you should be able to deposit the check in either person's individual account, or a joint accounin either person's individual account, or a joint account.

These safe guard the deposits in savings account [every country would have a guideline as to what is savings account] to a certain extent [the limits and how it gets counted, for example you individual account, your joint account with spouse, kids etc].

If you deposit your paycheck in a joint account with your spouse, it may be vulnerable to his creditors.

The GIC Bonus Rate Offer is available for 1 - year Non-Redeemable and 1 - year Redeemable Guaranteed Investment Certificates that are issued in respect of deposits made in Canadian dollars for an amount between $ 1,000 CAD and $ 500,000 CAD; not held in any registered plan, such as Registered Retirement Savings Plan, RRIF or Tax Free Savings Account, and issued to one or more individuals who qualify for the HSBC RBWM Newcomers Program under s. 2 within 6 months of the opening of any sole or joint Eligible Account held or closed by such persons.

However, if the second holder i.e. spouse has his / her own individual or joint account, the aggregate of his / her account and the deposit amount in the other joint account of the deceased spouse should not be more than the prescribed maximum limit ie Rs 15 lakh.

However, if you deposit money into different ownership categories — such as single and joint accounts — your deposits in each category are insured separately.

Will you open a joint account in which you deposit both your paychecks?

Even though it's not strictly a cash back card, you can redeem your points for cash in the form of a statement credit on your HSBC credit card or as a direct deposit into your HSBC Bank USA, N.A. consumer checking or savings accounts in your name alone or as a joint accountholder.

Married couples can have separate $ 250,000 accounts (both insured) and a $ 500,000 joint account, for a total of $ 1,000,000 in fully insured deposits.

You acknowledge and pledge to the Credit Union a statutory lien in my / our shares and dividends on deposit in all joint and individual accounts and any monies held now and in the future, to the extent of any loan made and any charges payable.

The owner and joint owner (if any) agree to be jointly and severally liable for negative balances on any accounts in which either or both owners have an ownership interest, including any overdrafts, regardless of the cause, and agree to immediately deposit sufficient funds to cover the negative amount of the overdraft.

For example, if you are issued a tax refund by the U.S. Treasury, or any check that is payable to both parties, you will only be able to deposit that check in a joint account that has both persons as signatories.

Are you sure about the statement «if you are issued a tax refund by the U.S. Treasury, or any check that is payable to both parties, you will only be able to deposit that check in a joint account that has both persons as signatories.»?

A joint account that requires both account holder signatures to make withdrawals will probably require both account holders» signature endorsements, in order to make deposits.

We want to open a joint fixed deposit account in name of each one of us which should be locked - in till 2020.

If you are looking to deposit more than $ 250,000 in a non-joint account — FDIC insurance can protect joint accounts to a higher level since there are multiple account owners — it's wise to use multiple FDIC - insured institutions to ensure maximum coverage on your funds.

Those who want to open Corporation Bank fixed deposit account, they can do so in joint names.

Joint checking / savings accounts, separate money deposited in a joint checking / savings account, jointly owned real estate, gifts from one spouse to the other — all are marJoint checking / savings accounts, separate money deposited in a joint checking / savings account, jointly owned real estate, gifts from one spouse to the other — all are marjoint checking / savings account, jointly owned real estate, gifts from one spouse to the other — all are marital.

An exception exists if you muddied the waters of your separate ownership, such as if you titled a particular asset in joint names or deposited your separate money into a joint marital account.

If your inheritance is cash and you deposit it into an account held in joint names with your spouse, you've commingled it.

For example, if a spouse receives an inheritance and deposits the inheritance funds in a joint checking account, it will likely be converted into community property.