Complete Handbook on Bank Accounts, Checks, and Promissory Notes
1. Bank Accounts
Passive operations are established through customer willingness, formalized through a lease of deposit called Bank Accounts, whose opening requires an initial deposit of money or customer imposition. At the moment of liquidation, the bank must return to the customer the full amount deposited, along with any financial yields from the institution, committing to restore them in exchange for a compensation of interest. These can be collective or individual; among them are:
- Joint accounts (conjuntas): Accounts where it is necessary for all holders to sign to exercise rights.
- Several accounts (indistintas): Accounts where any holder can exercise rights without needing the signatures of others.
- Mixed accounts: Accounts where some holders