Joint bank account

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Please can someone tell us which bank allows to have a joint account between 3 of us?

7891368

You can't be married to all them, so it is probably a bad idea.
Even if you were married to one of them:p

A joint bank account ties you all financially for x years, so could make it difficult for you in future.

If this to pay bills for a house share, all just take responsibility for one, in future you may not be able to get credits card, a mortgage etc, because of of the people ou were 'financially tied to' has a bad credit rating.

Also one person can empty the account, go overdrawn etc, other two can't stop them.

There are probably alternatives for whatever you want it used for.

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7891368 wrote: »

You can't be married to all them, so it is probably a bad idea.
Even if you were married to one of them:p

A joint bank account ties you all financially for x years, so could make it difficult for you in future.

If this to pay bills for a house share, all just take responsibility for one, in future you may not be able to get credits card, a mortgage etc, because of of the people ou were 'financially tied to' has a bad credit rating.

Also one person can empty the account, go overdrawn etc, other two can't stop them.

There are probably alternatives for whatever you want it used for.

No we are not married to each other . We are three sisters looking after my mums money. So we all need access to her money when.

Evilm

I think you can be nominated as authorised people on someones account without having your name on it? If you did that and got all three of you nominated it would stay in her name but provide the access you need for her care etc.

Found one link quickly that would suggest this is possible: http://www.selftrade.co.uk/forms/pdf/F3.pdf

Mojisola

Evilm wrote: »

I think you can be nominated as authorised people on someones account without having your name on it? If you did that and got all three of you nominated it would stay in her name but provide the access you need for her care etc.

This would be better. If the money is in the sisters' name, they will be the "owners" of a third each. This could have an impact on any benefits they claim.