‘CIA with BA’ explains rules on joint bank accounts

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‘CIA with BA’ explains rules on joint bank accounts
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Senator Pia Cayetano, together with her brother Alan Peter and TV host Boy Abunda, explained some rules and regulations with regards to bank accounts, especially joint ones.

In the ‘Payong Kapatid’ segment on the Sept. 3 episode, a certain Erlinda Gomez sought the advice and help of the show about her joint bank account with her late sister, Priscilla, which got frozen because the latter’s children are trying to claim half of the amount in the account.

Erlinda also shared that it was their US-based sister Yolanda who asked them to open a joint account for their needs. To her knowledge and belief, it is Yolanda who is the real owner of the account since the money came from her. According to the senator, the law says that banks have to thoroughly check who are the legitimate heirs of the account owners.

At the end of the segment, Erlinda was convinced that she needs to show to court the evidence that the US-based sister is the owner of the money in the account, as she continuously claims. The show also pledged to help her with the preparation of the appropriate letters and documents for her case.

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manilabulletin /  🏆 25. in PH

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