Accounts with Minors. 6.1 We may (but shall not be obliged to) allow your application to operate a Joint Account on a joint basis with a Minor, subject always to the following:
(a) we may impose such conditions and/or restrictions on the operation of the Joint Account and/or the availability of the Services as we may in our absolute discretion consider appropriate;
(b) we shall have the right to (i) decline to execute any Instruction given by the Minor without assigning any reason thereof or (ii) require the parent or legal guardian of the Minor to consent to any such Instruction prior to us acting on the same; and
(c) you agree that you shall at all times be responsible for all Instructions given by the Minor in relation to such Joint Account and for ensuring the Minor’s compliance with this Agreement and/or any Applicable Agreement.
6.2 You further undertake to indemnify and to hold us harmless against any claim, demand, action and proceeding that may be brought against us, and any Losses which we may incur or suffer, arising out of or in connection with us acting upon or carrying out any Instruction given by the Minor.
Accounts with Minors. A minor (under the age of 18) is allowed to open a single membership account, which may include: a share account, clubs, share certificates, CU eStatements, Online Banking, Mobile Banking and Trademark Audio. A minor Member may not have a checking account, debit card or Bill Pay unless he or she has a joint membership account with an adult. This adult Joint Owner must be primarily liable to the Credit Union for any returned item(s), overdraft(s), unpaid charges and/or fees. The Credit Union may make payment of funds directly to a Member who is under 18 years of age without regard to his or her minority status.
Accounts with Minors. 6.1 We may (but shall not be obliged to) allow your application to operate a Joint Account on a joint basis with a Minor, subject always to the following:
(a) we may impose such conditions and/or restrictions on the operation of the Joint Account and/or the availability of the Services as we may in our absolute discretion consider appropriate;
(b) we shall have the right to (i) decline to execute any Instruction given by the Minor without assigning any reason thereof or (ii) require the parent or legal guardian of the Minor to consent to any such Instruction prior to us acting on the same; and DBS Bank Ltd., Singapore 14 Co. Reg. No. 196800306E
(c) you agree that you shall at all times be responsible for all Instructions given by the Minor in relation to such Joint Account and for ensuring the Minor’s compliance with this Agreement and/or any Applicable Agreement.
6.2 You further undertake to indemnify and to hold us harmless against any claim, demand, action and proceeding that may be brought against us, and any Losses which we may incur or suffer, arising out of or in connection with us acting upon or carrying out any Instruction given by the Minor.
Accounts with Minors. A minor (under the age of 18) is allowed to open a single membership account, which may include: a share account, clubs, share certificates, CU e-Statements, Online Banking, Mobile Banking and Trademark Audio. A minor Member may not have a checking account, debit card or Bill Pay unless he or she has a joint membership account with an adult. This adult Joint Owner must be primarily liable to the Credit Union for any returned item(s), overdraft(s), unpaid charges and/or fees. The Credit Union may issue a debit card to a minor with the signed approval of the joint owner. This debit card privilege may be revoked at any time, without prior notice or cause. Any cancellation or termination shall not affect any of your existing liabilities to us. The Credit Union may make payment of funds directly to a Member who is under 18 years of age without regard to his or her minority status.
