Common use of Account Titling and Ownership Clause in Contracts

Account Titling and Ownership. The Varo Bank Account may only be owned and titled in the name of one (1) person who solely retains the right to deposit, transfer, or withdraw funds. The Varo Bank Account cannot be owned or titled jointly, by an organization, as "Payable on Death" (referred to as "POD"), "In Trust For" (referred to as "ITF"), or under “Power of Attorney”.

Account Titling and Ownership. The Varo Bank Account may only be owned and titled in the name of one (1) person who solely retains the right to deposit, transfer, or withdraw funds. The Varo Bank Account cannot be owned or titled jointly, by an organization, as "Payable on Death" (referred to as "POD"), "In Trust For" (referred to as "ITF"), or under “Power of Attorney.”.

Account Titling and Ownership. The Varo Bank Account may only be owned and titled in the name of one (1) person who solely retains the right to may deposit, transfer, or withdraw funds. The Varo Bank Account cannot be owned or titled jointly, by an organization, as "Payable on Death" (referred to as "POD"), or "In Trust For" (referred to as "ITF"), or under “Power of Attorney”.