what specific name for the type of bank account requires two persons to be present for a transaction?

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what specific name for the type of bank account requires two persons to be present for a transaction?

2006-11-03 01:57:06 · 5 answers · asked by lilred92z71 1 in Business & Finance ➔ Personal Finance

5 answers

joint account

2006-11-03 01:58:58 · answer #1 · answered by sadie_oyes 7 · 0⤊ 1⤋

Joint isn't it - ask your bank. If you have a joint acct EITHER person can be there for the transaction. It might be a business acct - I signed paychecks for an insurance company but they weren't any good until the owner signed them also.

2006-11-03 10:00:57 · answer #2 · answered by Scorpio 4 · 0⤊ 0⤋

It's a Dual Custody Account.

2006-11-03 10:05:40 · answer #3 · answered by Yo LO! 6 · 1⤊ 0⤋

Joint Account

2006-11-03 09:59:36 · answer #4 · answered by Anonymous · 0⤊ 1⤋

joint with rights of rights of survivorship or joint tenant by the entirety

2006-11-03 14:05:37 · answer #5 · answered by waggy_33 6 · 0⤊ 0⤋