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You and your partner will need to complete an application that includes personal information for both account owners. If you want to add a co-owner to an existing account, you can fill out a joint owner authorization form and submit it by mail, fax, or through your online account.
Many people choose to have an authorized signer in case of an emergency or for matters of convenience. For example, an authorized signer on a checking account can sign checks, make withdrawals, and check balances.
Many banks will also allow you to add a co-owner to an already existing individual bank account. Typically, you will need to do this in person rather than online.
Banks allow you to designate someone to be a signor on your account. That means that this person can write checks and make withdrawals from your bank account while you are living without the need of having a signed Power of Attorney for Property Document.
You can add someone to your existing personal checking or savings account quite easily, transforming it into a joint account where you both have equal access. But just because you can doesnt mean you should, so here are some important points to consider before adding someone to your bank account.
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Youll need your debit card or details of the account you wish to switch from, income details, your home address and the details of any arranged overdraft you have on your existing bank account. You can switch both sole accounts and joint accounts into a joint account.
A joint bank account can be a checking or savings account managed by multiple people. Each person on a joint bank account has the same access to deposit, spend, transfer and withdraw money.

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