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Partnership Bank Accounts

Does anyone know which banks allow partnership accounts to be opened?
For example four people want to open an account together. There is very little information that any of the banks give about this topic.
Mike.

Comments

  • cally6008
    cally6008 Posts: 7,629 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Don't do it as you will all become financially linked and if one person runs off and racks up lots of debt then it will affect your credit score (from what I've read on here anyway)
  • mcolqu
    mcolqu Posts: 16 Forumite
    Part of the Furniture Combo Breaker
    Thanks Cally but the people I'm going to open the account with are close family and we own property together already and need a partnership account but I appreciate the warning.
    Mike.
  • Dekazer
    Dekazer Posts: 452 Forumite
    Hi Mike,

    We had one a fw years ago when I was a student and the landlord insisted on payment from one account. Looking back we weren't very financially savvy, but it worked out ok. We were with either HBOS or RBS - can't remember which. Not much cop, but maybe useful for comparison purposes?
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