Examples of Joint Accountholders in a sentence
Joint Accountholders should obtain their own User ID and password if they each wish to access their joint account online.
The Bank can accept any oral (including telephone) Instructions and Instructions through electronic mail or other electronic means given by any one of the Joint Accountholders or any one of the Authorized Signatories even if the Account Opening Form or other authorization requires signatures of more than one Joint Accountholder or (as the case may be) Authorized Signatory for written Instructions.
If any Joint Accountholder dies, the deceased Joint Accountholder’s interest in the Joint Account will pass automatically to the surviving Joint Accountholders, without releasing the deceased Joint Accountholder or their estate from any liability arising from the Joint Account until such time that we have received satisfactory evidence of the death.
We may accept any instructions from any one of you, including honouring an Instrument, processing transactions in connection with Electronic Banking Services and Digital Banking Services described below, or accepting any direction in respect of the Joint Account without requiring the authorization or consent of the other Joint Accountholders, subject to any written instructions by both you and the other Joint Accountholders to the contrary.
Account closure requests must be signed by you and all Joint Accountholders.
We will not be liable for any loss, damages or legal costs incurred in any dispute between the estate of the deceased Joint Accountholder, the surviving Joint Accountholders or third party arising from us acting on the right of survivorship.
You agree that if one Joint Accountholder is removed from the Joint Account by agreement of all other Joint Accountholders, or if determine a Joint Accountholder be removed in our sole discretion, acting reasonably, then the Joint Account will be closed.
However, if a Joint Account requires that all Joint Accountholders sign or approve any matter relating to the Joint Account, then we must receive a joint request by all Joint Accountholders to send a monthly paper or electronic Account statement to a Joint Accountholder.
Notwithstanding that the Joint Account(s) is/are operated with a single signing authority, instructions to change the signing authority for the Joint Account(s) may only be given in writing by all Joint Accountholders and will only take effect upon their signing the Signature Requirement Change form and signature cards.
Your rights under the preceding paragraph shall also extend to credit balances to which all the Joint Accountholders are singly or jointly entitled.