Finance English
Banking

Che cos'e Conto cointestato?

Conto cointestato A bank or investment account held by two or more individuals with equal rights to deposit, withdraw, and manage funds. Each holder is jointly liable for account activities and obligations as per banking regulation and contract.

Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

How is “Conto cointestato” Used in Practice?

Un conto cointestato consente a entrambi i coniugi di accedere e gestire i fondi, ed entrambi sono legalmente responsabili delle obbligazioni e transazioni del conto.

Certification Exam Relevance

CFAACCAFRM

Who Needs to Know This Term?

  • Financial Analysts
  • Bankers
  • Traders

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Frequently Asked Questions

Che cos'e Conto cointestato?

A bank or investment account held by two or more individuals with equal rights to deposit, withdraw, and manage funds. Each holder is jointly liable for account activities and obligations as per banking regulation and contract.

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