In case you’re going through a separation with your partner, our assistance is available to help you establish an individual bank account and modify any joint accounts that you both may have.
A Guide for Personal Financial Management
Establishing your personal banking is a simple process that we can facilitate by:
- Creating individual accounts tailored to your needs
- Assisting with the closure of any joint accounts
- Updating your contact information to ensure private delivery of statements and other sensitive bank-related data
- Enhancing account security by updating passwords and access controls to ensure exclusive access for you.
Strategies for Effective Account Settings
If you and your partner decide to maintain a joint account to manage your finances together, it’s important to be aware of the available options. By default, our joint accounts allow you to access, deposit, and withdraw funds without requiring mutual approval for each transaction.
However, if you prefer a more secure approach, we can modify the account settings to require authorization from both account holders for every transaction.
Effects of Divorce on Personal Finances
If you’re facing financial challenges, we’re here to assist you in navigating your options. Discover the process involved in seeking financial hardship assistance and let us guide you through it.