If A Bank Account Is Under The Monthly Minimum and Incurs A Fee - Is That A Benefit
Yes it is. While this won't greatly affect the trust's bank account, it is highly suggested that no benefits are incurred and the monthly minimum deposit amount is met every month!
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What If The Bank Wants To Close The Account And Sent A Letter
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Bank Denial For Opening A Trust Account
One may need to try the same bank but a different branch. Most students don't have issues, but everyone has opened a trust account after a 2-3 tries. It all depends on the attorney's interpretation of the trust indenture.