A payment account in the name of two or more persons is called an 'and / or account'.
- You and the co-account holder (the person who shares the account) give each other permission to use the account separately.
- You are jointly responsible and liable for the bill. Even if you are in the red.
When you open an account, all account holders must provide all the information we need before you can use the account. That is why it is useful that you do this at the same time.