After reading this article you will learn about the nature of account opened in a bank. Joint Accounts: A joint account is a banking account maintained by two or more people. All must sign on any relevant documents unless the mandate provides otherwise. All are jointly liable for any overdraft unless mandate establishes joint and several liability. On the death [...]
After reading this article you will learn about depositing cash or a cheque in your bank account. You can straightforward handover cash money to the bank's cashier sitting across the counter. For depositing cash money into your bank account you are required to fill-in a particular form generally known as Pay-in-slip for cash/cheques. This is usually very small and simple [...]
This article will guide you about how to open an account with a bank. Herein before opening a bank account was very simple. A person desiring to open an account was required to simply fill in an account opening form get himself introduced by a person known to the bank by virtue of his being an old account holder or [...]