Joint account - Impossible to close?

KMI

But why the bank wants to keep a dead account?

KMI

I don't think that he is the only person in the country with this issue...

PeacefulWaters

KMI wrote: »

But why the bank wants to keep a dead account?

They don't. But until the pair of you stop being pathetic they can't do anything else.

grumbler

Well, they can - if they want. That's what the T&C allow them to do.

xylophone

Surely a bank can unilaterally decide to close an account, whether sole or joint?

[Deleted User]

KMI wrote: »

I don't think that he is the only person in the country with this issue...

How many husbands did she have?!

KMI

I mean I don't think that he is the only person in the country who has difficulty to close or remove his name from a joint account.

Natwest said few times, that they will close it. They were requesting documents, divorce papers, etc., and next week feedback: no, they can't. Done it few times already...

elsien

If it's frozen and the ex can't use it to get any money out, does it matter that it's sitting there doing nothing? I can't see that it's going to impact on him at all now if it's been frozen.

YorkshireBoy

elsien wrote: »

If it's frozen and the ex can't use it to get any money out, does it matter that it's sitting there doing nothing? I can't see that it's going to impact on him at all now if it's been frozen.

The "impact" is a financial association with an ex who has a poor credit rating/file.

KMI

Exactly... we are trying to get a mortgage, but this account keep his credit score low