When opening a joint account, all the identity documents of the joint account holders must be presented and signed and sealed by all the holders. Traditional personal accounts can only be opened through the identity certificate of the account holder.

Usage: The use of individual joint account shall be subject to the signature terms. The so-called signature clause refers to the clause that the depositor of a joint account has the right to sign and seal with the joint account holder when opening a joint account. In fact, it is the rule that the joint account holder agrees to use and control the joint account. As a financial intermediary, banks manage joint accounts in strict accordance with the signature and seal authority determined in the signature terms.

Extended data:

Precautions for opening an account:

1. A joint account is opened by two or more (less than five) individual customers.

2. The withdrawal of deposits in joint accounts shall be handled in the agreed way.

3. The joint account is an individual current settlement account or lump-sum deposit and withdrawal account.

4. Up to now, only China Bank, China Industrial and Commercial Bank, China Construction Bank, Bohai Bank and Industrial Bank are gradually promoting joint accounts in China.

References:

Joint account-Baidu Encyclopedia