HSBC - Closing Joint Account (No money in account)

Bobby_Baggio

Hello there, i'm hoping someone might be able to help me out with a bit of advice or had a similar situation...

I have a joint account with an ex-partner, we have been separated for over 3 years. We have no contact with each other and have since both changed phone numbers etc...

The joint account we have is with HSBC, there are no funds in the account at all.

What would be the situation for closing this account? Would it still require 2 signatures?

Shakin_Steve

Joint accounts 22
22.1

accept instructions signed or given to us by
any one of you to act on behalf of you all in all other transactions with us, including providing a loan, overdraft or other facility, opening further accounts in your joint names and closing accounts in your joint names, but not including converting
a joint account to a sole account (see clause 22.7 for more details). For such purposes, instructions may be in writing or any other form we accept and may be given by any means or through any media we accept and on such terms as we may tell you.

Shakin_Steve

https://www.hsbc.co.uk/content_static/en/ukpersonal/pdfs/en/personalbankingterms_conditions.pdf

Bobby_Baggio

Thanks for the response.

Is it possible that you could elaborate a bit further on the advice given? I am a little confused whether i am able to cancel this account with just my own signature.

teddysmum

Perhaps, adding the following (taken from the link ) to the beginning of post #2 would help:




22.1. Unless this conflicts with another authority


given in writing on the joint account, and until any


one of you cancels this authority, you authorise


us to:

Dobbibill

Unless you have previously put the account in dispute when you separated from the joint account holder, then a letter should be sufficient.

Go with something like.......'Please close a/c no xxxxx /sort code xxxxx with immediate effect as it is no longer required. - Regards'

Bobby_Baggio

Dobbibill wrote: »

Unless you have previously put the account in dispute when you separated from the joint account holder, then a letter should be sufficient.

Go with something like.......'Please close a/c no xxxxx /sort code xxxxx with immediate effect as it is no longer required. - Regards'

Thanks for this.

I haven't contacted the bank at all with reference to anything being in dispute so hopefully the letter route will be the best option.

I take it that i am well within my rights to do this even without the requirement of a second signature? As mentioned in my 1st post, there are no funds in this account.

Shakin_Steve

Bobby_Baggio wrote: »

Thanks for this.

I haven't contacted the bank at all with reference to anything being in dispute so hopefully the letter route will be the best option.

I take it that i am well within my rights to do this even without the requirement of a second signature? As mentioned in my 1st post, there are no funds in this account.

You did read the T&C's?

Dobbibill

Bobby_Baggio wrote: »

Thanks for this.

I haven't contacted the bank at all with reference to anything being in dispute so hopefully the letter route will be the best option.

I take it that i am well within my rights to do this even without the requirement of a second signature? As mentioned in my 1st post, there are no funds in this account.

If there is no dispute then clause 33.2 will apply so yes you can close it in writing - no second signature required.