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For instance, if the father wasn't a custodial on the account he can't deposit money in the event he needs it. When did that start? I've deposited money many
by randallsquared 15y ago
For instance, if the father wasn't a custodial on the account he can't deposit money in the event he needs it.
When did that start? I've deposited money many times into other people's accounts without problems; you don't even have to show ID -- just fill out a deposit slip with their account number and hand over cash.
- dodedo 15y agoIn person? Not sure about that, but I know that recently I tried to set up payments between BofA and WellsFargo and I wasn't able to do automatic or online transfers of amounts over $1000. When I was younger I had a joint custodial account with my father, for a similar purpose, though it wasn't my primary checking account. It's much, much easier to move money between two accounts you control.