We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Joint account - Impossible to close?

245

Comments

  • KMI
    KMI Posts: 16 Forumite
    But why the bank wants to keep a dead account?
  • KMI
    KMI Posts: 16 Forumite
    I don't think that he is the only person in the country with this issue...
  • PeacefulWaters
    PeacefulWaters Posts: 8,495 Forumite
    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
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well, they can - if they want. That's what the T&C allow them to do.
  • xylophone
    xylophone Posts: 45,745 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Surely a bank can unilaterally decide to close an account, whether sole or joint?
  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    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
    KMI Posts: 16 Forumite

    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
    elsien Posts: 36,494 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    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.
    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have, not could of.
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    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
    KMI Posts: 16 Forumite
    Exactly... we are trying to get a mortgage, but this account keep his credit score low :(
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture