Mutual authorization required for withdrawal.
April 24, 2009 12:54 PM Subscribe
Which national banks in the US can be set up to require mutual authorization for withdrawals from a joint account?
posted by Nixie Pixel to Work & Money (1 answer total)
I am starting a business with a person who is many miles away from me, and we would like to have the business proceeds sent to a single bank account. We would like to both authorize withdrawals from the account to provide security for the situation.
Are there banks that offer this option, a requirement for mutual authorization on withdrawals or transfers (and of course to be done from separate cities where we each live)?