this post was submitted on 26 Jul 2023
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[โ€“] Nobug404@geddit.social 23 points 11 months ago (1 children)
[โ€“] apollo440@lemmy.world 1 points 11 months ago

It's certainly how banks work where I live, and presuming we are talking about the US here, I did a quick skim through the first few results on google and there mostly seems to be agreement that it is a debtor/creditor relationship.

How would you describe the legal arrangements of a bank account then?