What is a
joint account?

A joint account allows two people to open and access an account.

The first named person on the application is known as the primary account holder, and the second person named is known as the secondary account holder.

The money in the joint account belongs to both of you, and you are both able to carry out similar activities online. Only the primary account holder will be able to change the nominated bank account (the external bank account that you move money to) or decide what happens to fixed rate products at the end of their term.

Each applicant needs an individual email address to access the site and receive communication. But, if you have different home addresses you will both receive correspondence by post.

You’ll both be members of Nottingham Building Society, but only the primary account holder will have the right to vote on building society matters.

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Last updated: 19/03/2020 at 11:38

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