Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Opening of Bank accounts-- What is "Either or Survivor"? What is the benefit of opening accounts under "E or S"?

Accounting Financial Accounting Bank Accounting Transaction Banking Banking
user-image
Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2015/01/11
Upvote (0) Views (1) Followers (1) Answers (1) Report Question
Write an Answer
Register now or log in to answer.
Malik Khalid Mahmood
by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

Any person can operate the account by signing one or both,

The benefits at time of withdrawing the cash, there is no need of both the signatures but there should be a trust of both the parties on each other.

Write Your Answer
More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.

Get Help