What is the difference between a custodial account and a bank account?

I honestly really confused when I try to find the difference, I know that a minor cannot have full control over a custodial account, only a parent/ adult. One of my questions was, can a sibling that is an adult open a custodial account for a younger sibling that is a minor?

Submitted August 15, 2018 at 01:41PM by Cheifox https://ift.tt/2KW3TRT