What is a trust bank account?

Answer A trust bank account is a checking, saving or other type of bank account that a trustee opens on behalf of a trust. The trust bank account might hold trust property or it might be an administrative... Read More »

Top Q&A For: What is a trust bank account

What is a bank trust account?

A bank trust account is a bank account that is owned by a trustee according to the terms of a legal trust. The bank account is considered trust property.GeneralA trust is a legal relationship invol... Read More »

Does ING Bank have a trust account?

ING Bank offers trust accounts through its ING National Trust. It is chartered by the Office of the Comptroller of the Currency. The trust division provides a number of services, including charitab... Read More »

If My Bank Account Is Closed by the Bank, Does It Mean I Can't Open Another Account?

Banks close accounts for a variety of reasons, and depending on the reason your bank closed your account, you may find it difficult to open a new account at the same bank or even at another institu... Read More »

How to Transfer Money Online From Bank Account to Bank Account?

The ability to quickly move money from one bank to another is important in today's fast-paced world. Whether you need to cover a check or just find a better interest rate, moving dollars from one b... Read More »