What is FNB Joint Account?
This is a group account that offers equal rights to all its members.
Unlike other FNB accounts, two or more members can hold the account jointly.
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The minimum number of holders is two while the maximum is 4.
What is more, each member is responsible for effectively managing the account and carrying out various financial transactions.
Its primary purpose is to enable business partners to save together in a flexible way.
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A debt occurrence in the account
2.
What are the key features of an FNB Joint Account?
Below is a list ofthe beneficial featuresthat are worth noting.
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Collective payments
you’re free to pay your resulting bills jointly, hence spreading the costs.
Cost-effectiveness
You only pay charges for a single account unlike having many individual ones.
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5.
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Easy access
Every member has first-hand access to auditing statements that are available online and free to download.
These documents include:
NOTE:It is paramount that these documents are as clear as possible.
You must provide a document confirming your current residence in the community.
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These rules are accessibleonline in a PDFform.
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