Joint Accountholders definition
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.
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.
Account closure requests must be signed by you and all Joint Accountholders.
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.
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.
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.
Additionally, joint access to Accounts requires that all persons having access to such Accounts ("Joint Accountholders") jointly sign on the checking or other Accounts linked to the Online Services.
Joint Accountholders must share the same Payee list, and are subject to the joint tenancy rules contained in the Account Disclosure Statement for the particular Account.
We may, in our discretion, choose to obtain, or not obtain, consent from all Joint Accountholders.