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Does your parents have access to your bank account and can withdrawal from it?
Say if you won $ 25,000 from something and you’re under 18 and you put it into your bank account. Can it be a crime if they do, are they even allowed to do that? Can you have your own bank account under 18?
1 Answer
- SumDudeLv 71 year ago
You "can" have an account by yourself under 18, but no bank will give you one. You need to have a co-owner who is over 18. By law, a minor's money belongs to his parents so they can take steps to get it, but hopefully they will respect you and your money.