Ramses Delgado, Banking Moderator
@ramses_delgado1
Removing a joint owner from a bank account can be a bit complex. In most cases, you'll need the written consent of the other joint owner due to their shared ownership rights to the funds. However, there are exceptions where removal might be possible without consent, such as in cases of death or legal incapacity of the other owner.
Here are the general steps you can follow
- Contact Your Bank: Start by contacting your bank to understand their specific procedures for removing a joint owner. You can do this by visiting a branch, calling customer service, or checking their website.
- Gather Information: The bank will advise you on any necessary forms and the required documentation (such as identification) for both you and the joint owner (if applicable).
- Account Closure (if necessary): Depending on the bank's policy, you might need to close the existing joint account and open a new one solely in your name.
Remember, attempting to remove a joint owner without proper authorization can lead to complications. It's always best to consult with your bank and explore options that comply with their regulations and respect the rights of all account holders.
Did we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertisers compensate WalletHub when you click on a link, or your application is approved, or your account is opened. Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.