Question

Which of the following accounts can be attached?

• A. Cash Credit Account
• B. Overdraft Account
• C. Savings Bank Account
• D. Safe Deposit Locker

Answer 1

Answer:

C. Savings Bank Account

A Garnishee Order applies only where a debtor–creditor relationship exists in favour of the customer. ❌ Cash Credit Account – Not attachable; the customer owes money to the bank ❌ Overdraft Account – Not attachable for the same reason ✅ Savings Bank Account – Attachable; the bank owes money to the customer ❌ Safe Deposit Locker – Not an account; no money is held by the bank