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#2220369 - 08/26/19 02:52 PM Reg. CC - New Account Hold and Executor
TeamComply Offline
Platinum Poster
Joined: Aug 2016
Posts: 543
New estate account is opened, executor on this account has personal accounts with the bank. Can bank us the "new account hold" reason for a deposit being made into this estate account (if the executor already has a banking relationship with us)?

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Deposits and Payments
#2220377 - 08/26/19 03:29 PM Re: Reg. CC - New Account Hold and Executor TeamComply
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,371
Galveston, TX
It is not the executor's account - they are nothing more than a signatory.
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#2220381 - 08/26/19 03:51 PM Re: Reg. CC - New Account Hold and Executor TeamComply
John Burnett Offline
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John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
Different account owners (estate and the individual who happens to be the estate representative). It's a new account.
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John S. Burnett
BankersOnline.com
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