Accountancy, asked by yoyohimanshutivary, 8 months ago

what is the advantage of joint account company

Answers

Answered by Anonymous
2

Answer:

The main benefit of having joint account with family member is easy convenience of bank transactions. 2) If you are out of town or if there is an emergency when you are not around, your the other holder can operate the account and get the work done such as cash withdrawal of deposit without any hassle.

Answered by krs1000024519
2

Answer:

advantage of joint account company:

.You both have access to all of the money. ...

.It's easier to keep each other's spending habits in check. ...

.The worst-case scenario. ...

.The money you each put in the account will be insured by the FDIC. ...

.Chores are easier to split up. ...

.Joint accounts promote trust.

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