Yes, but both co-owners must sign the paperwork at the bank to make one of the account holders just an authorized user, meaning that the other has the right to sign checks and make deposits, just as a co-owner does. the only difference is that the statements would only be the sole account owner's name and no creditor of the authorized user can touch it.
Yes. Partners can be removed with the consent from any other party/ies in the account and business seal should be placed on documents when sign. If the business is a Limited Liability (LTD) or such kind of company, company resolution letter to remove the partner may be needed as a special document.
This is the general rule. Some variations may occur from country to country.
Of course. If for some reason your bank doesn't want to let you, tell them you want to close the account out entirely and you'd like to withdraw all the money in it right now so that you can take it to another bank and open an account in your name only and see if that changes their minds.
Yes, But you may need the other persons signature as well.
Close the account and open another.
no
No, they cannot.
Of course. That's the purpose of a "joint" account.
I believe no
== == Do as they ask. Both persons that are named on the account HAVE to sign to have one name removed from the card account.
No. it is not mandatory to have a joint account with your spouse. If you feel, you no longer wish to have your spouse in your joint account, you can let them know and then contact the bank to remove their name from the accounts joint holders list.
Yes. A joint account held by persons who are not married nor related can be levied by a judgment creditor to the extent of the funds in the account that belong to the debtor.
You will have to check with your Institution to find out their policies to remove someones name from a joint bank account without their authorization.With most banks, you will have to have their signature to remove them from the account.
You can visit the bank branch where you hold the joint account and submit a written request to remove your name from the list of account holders for that account. The bank may ask you to get the other holders of that joint account and ask them for approval before doing so.
No. You have a joint account with another person, they have full ownership rights just like you do. You should get your own account in your name only.
Speak with the bank rep or bank manager; and have them remove the person as a signer to the account and then you will have to resign a new signature account.
A POA is granted by persons who for whataever reason are unable to conduct their personal and/or financial affairs. An individual cannot grant themselves a POA. The method for closing a joint account is to close the existing account and open a single account. The other account holder would obviously be notified of the action as they would have to be a part of closing the account depending upon how the account is held (JT, JTWRS, TBE, etc.).
If the person's name is not listed as a primary account holder, you usually cannot remove their name from the account. Only the primary account holder can make changes to the account. A joint account holder can be removed if both parties agree, but it may be best to speak with your bank for specific guidance on your situation.