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Either or Survivor
This is the most common type of joint account and is applicable between any two individuals. For example, if a husband and wife have a joint account with 'either or Survivor' clause, either of them can operate the account and in the case of the death of one of the depositors, the other can continue or the final balance in the account along with all interests (as applicable at the time of closure) will be paid to the survivor. If there is a nominee for the account, the conditions will be the same and the nominee gets access to the funds on the death of both the account holders.
Anyone or Survivor
This type of account is normally held when more than two individuals start an account jointly. Here, any of the depositors can operate the account at a time and in case if any of the depositors expire, the others can continue the account and if required, the final balance along with interest will be paid to any of the survivor/s as requested.
What else can I help you with?
True or false Data at the ordinal level are quantitative only?
False. Data at the ordinal level can be either quantitative or qualitative. In ordinal data, the categories have a meaningful order or rank, but the difference between the categories is not necessarily equal.
What is the difference between social justice and social service?
Social justice focuses on addressing underlying systemic issues that create social inequalities and injustices, working towards fairness and equality for all members of society. Social service, on the other hand, involves providing direct assistance to individuals or communities in need through programs such as healthcare, food assistance, and shelter. Both are important in promoting well-being and equality in society.
What effects of alternative lifestyles on individuals are there?
There are none. There is no such thing as an "alternative lifestyle." Everyone is free to live their lives the way they see fit, and on one's life is exactly the same as anyone else's life. So either EVERYONE on the planet has an alternative lifestyle, or no one does.
What does subformal mean?
Subformal refers to something that is less formal than conventional standards or norms, often representing a more relaxed or casual approach. This term can be used to describe a laid-back style or behavior that falls outside of traditional formalities.
Why can't men be gay?
They either are or aren't. It's definitely NOT a choice.
What is the difference between the UPS and AVR?
I don't know either !
What is difference between animal food and animal feed?
there isn't a difference - you can use either word
Is the difference between two integers always smaller than either on of the numbers in the difference?
Yes
What is between 7500 and 8150?
The difference between 7500 and 8150 is either 650 or -650.
What is the difference in a math question?
A "difference" is either the result of a subtraction (the difference between 7 and 5 is 7 minus 5), or its absolute value (so that the difference between 7 and 5 is the same as the difference between 5 and 7).
What's the difference between the Bose SoundLink Bluetooth Mobile Speaker II and an average portable speaker?
Most of the difference between the two products is the name and pricing, as reviews indicate there is either none or a slight difference between speaker products. A warranty is recommended with the purchase of either brand.
What is the difference between me and my?
The difference is that me can be either used as a direct object pronoun or an indirect object pronoun. My is a possessive pronoun.
Is the difference of two positives a positive?
The difference between two numbers is the result of a subtraction. This can be either positive or negative.
Is there a difference between 'damaged' and 'partially damaged'?
No. Something is either damaged or it isn't.
Does using and or or' in the wording of the ownership of bank account make a difference when one owner dies?
Generally, either word will create a joint account. The balance of the account passes to the survivor and bypasses probate.
What is the difference between an OWI and a DUI?
There is no difference between the two. They both are illegal. They both mean that you were pulled over and were either impaired by alcohol, drugs, or both.
What is the difference between -3 and 0?
The difference between -3 and 0 is 3 because your not taking anything away from negative 3 and your not adding anything to It either.
