When does a minor's account become managed by its owner? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

When does a minor's account become managed by its owner?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Upon reaching the age or fulfilling the legal requirements that terminate the guardianship or trusteeship, the account holder's guardianship ends, but this process is not always automatic.

The account holder must visit the bank with their ID to update their status, signature, and operating information.

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