Legal Question in Business Law in Virginia
Interest Bearing checking accounts
I have a business customer that is incorporated and wants an interest bearing account - this account is particular is an escrow account - can they have a regular interest checking account or does ithave to be a money market accfount?
Asked on 3/08/07, 12:30 pm
1 Answer from Attorneys
John Jackson
Law Office of John A. Jackson, P.C.
Re: Interest Bearing checking accounts
I think it would depend on what products the particular bank offered.
Answered on 3/09/07, 5:43 pm
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