Showing posts with label Bank Accounts. Show all posts
Showing posts with label Bank Accounts. Show all posts
Friday, February 20, 2009
What is an AND/OR account?
An AND/OR account are one of the most convenient yet risky type of bank account. Why? because any of the signatories have equal rights on their account. Any of the signatories can withdraw to the accounts even without the permission of your co-account holder.
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