Heiter Iska in a Bank Account
Question
I am opening a bank account. Is a general Heiter Iska that the bank wrote sufficient, or is it better to demand to sign a private Heiter Iska with the bank? (Heiter Iska is a document that turns a loan into an investment, thus allowing the lender to charge an interest on it.)
Answer
It is preferable to sign your personal Heiter Iska with the bank.
Source
Turei Zahav (Yoreh De'ah 177:12).
Comments
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