Joint Accountholders definition

Joint Accountholders means the persons in whose names the Joint Account is opened.

Examples of Joint Accountholders in a sentence

  • If your Account is a Joint Account, the liability of each Joint Accountholder for the Overdraft Facility shall be joint and several and the act of default of either of the Joint Accountholders shall be deemed to be the act or default of both of the Joint Accountholders.

  • Prior to us taking action on an instruction received to effect a Transaction in respect of a Joint Account, we may require a written instruction from both Joint Accountholders.

  • If we become aware of a dispute between you, we may stop accepting instructions in relation to the Account, unless they are given by both Joint Accountholders or the dispute has ended.

  • When your Joint Account is closed, we may pay any money we hold to both or either of the Joint Accountholders, depending on the Joint Account signing instructions.

  • This may result in the personal data relating to the other or both Joint Accountholders being disclosed to a third party.

  • The Joint Accountholder we communicate with will be chosen by us unless both Joint Accountholders agree on the primary contact for the Joint Account.

  • We may release or grant time or indulgence to, or release, either of the Joint Accountholders without affecting our rights against the other Joint Accountholder.

  • We will communicate with Joint Accountholders at one of the contact details you give us.

  • We require instructions from both Joint Accountholders to close a Joint Account, and to change the contact person or address on the Joint Account.

  • If you choose to disclose information in relation to the Account to a third party, it may result in the personal data relating to the Joint Accountholders being disclosed to that third party.

Related to Joint Accountholders

  • Joint Account means an Account opened in more than one name;

  • Covered Account means an Account established by a financial intermediary for another as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through BNYM.

  • Completion Accounts has the meaning given in paragraph 1 of Schedule 4;