Answer:
Answer from Randy: Without knowing the context of your question, it is impossible to answer. Deposit restrictions would be a matter of your Depositor's Agreement.
Answer:
Answer from Andy: Generally speaking, there won't be so long as that entity is able to own your personal checking account. Restriction come into play when, as an example you convert someone from a money market account where they had excessive transaction, into a NOW account. That entity needs to be able to own a NOW account under teh NOW account limitations. And you have to provide disclosures for the new account.
First published on BankersOnline.com 10/22/12
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