Jump to content

Joint account


Guest sav1

Recommended Posts

Hi,

 

I am in the process of opening a joint account.

 

All the individuals involved have opened and funded individual accounts.

 

Can they transfer the funds from their individual account directly into the joint account once its opened?

 

Thanks,

Sav

Link to comment

Hi  - that should be fine. As long as the accounts are all open, funded from the individuals bank account, and you have done the appropriate paperwork to link the two into an Ig 'Joint Account' then you should be able to do an inter account transfer. However there wouldn't be functionality to do this on a desktop, and you would need to give us a quick call. 

Link to comment
Guest sav1

HI ,

 

One last question.

 

When the individuals deposit their funds into the joint account, do they have access to the account and can they withdraw their funds at any stage?

 

Thanks,

Sav

Link to comment


 wrote:

HI ,

 

One last question.

 

When the individuals deposit their funds into the joint account, do they have access to the account and can they withdraw their funds at any stage?

Hi Sav - that's correct, as long as the appropriate AML and KYC checks have been passed, and the withdrawal falls into the other restrictions (e.g. max withdrawal of £20,000 a day back to a card etc).

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • image.png

  • Posts

    • Demo account: Please note that conditions on demo accounts may differ from real accounts. Some brokers may only provide overnight loans on real accounts and not on demo accounts.
    • Swap Rate: Check the swap rates for your open positions. Overnight loans are calculated based on the difference between the interest rates of a currency pair, and if the difference is small or negative, you will not receive a loan.
    • Civic (CVC) emerges as a game-changer in the realm of identity verification, offering a secure and decentralized solution for payment verification between "Identity Verifiers" and "Identity Requesters" within the Civic ecosystem. With its innovative approach and recent developments, Civic is making waves in the cryptocurrency market Payment Verification: Civic's primary use case lies in facilitating payment verification between parties within the Civic ecosystem. By leveraging blockchain technology, Civic provides a secure and transparent method for verifying identities and ensuring trust in transactions.  Integration with Solana Token Extensions: Civic's recent announcement on X revealed that Civic Pass is now integrated with Solana Token Extensions, further enhancing its utility and interoperability within the blockchain ecosystem. This integration opens up new possibilities for Civic's application and adoption.  Civic (CVC) is now listed on Bitget  and other CEX providing users with convenient access to trade and engage with the token. This listing further enhances Civic's visibility and liquidity, attracting new users and investors to the ecosystem. 
×
×
  • Create New...
us