Garnishee on Joint Accounts

PPB Operational Aspects of Deposit Accounts Free JAIIB Capsule 29 views Updated
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PPB · Operational Aspects of Deposit Accounts
Can a Garnishee order issued in a single name (e.g., Husband) be applied to a joint account (Husband and Wife) with an 'Either or Survivor' mandate?
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Can a Garnishee order issued in a single name (e.g., Husband) be applied to a joint account (Husband and Wife) with an 'Either or Survivor' mandate?

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This capsule covers Principles & Practices of Banking, Operational Aspects of Deposit Accounts. Members get the complete explanation plus every other premium capsule, mock test and PDF.

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