what is joint account
Answers
Answer:
Joint account is when 2 people share their account, put their earnings in it and both sign the checkbook.
Hope it helped.
Answer:
A joint account is a bank account shared by two or more individuals. Any individual who is a member of the joint account can withdraw from the account and deposit to it. Usually, joint accounts are shared between close relatives or business partners
Explanation:
What is a joint bank account? ... With a joint bank account, two or more people are able to access the money in the account. Joint account holders can all pay into the account and pay bills, write cheques or withdraw cash (although sometimes more than one person needs to agree to this).
What does it mean to have a joint account?
A joint account is a type of bank account that allows more than one person to own and manage it. There is no restriction regarding who can be an owner, which can include spouses, friends and business partners, among others. Everyone named on the account has equal access to funds, regardless of who deposited the money.