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Joint Accounts and Loan with Bank


cheddar
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I'm in the process of going after Natwest with my joint account. I know they can close accounts down etc but if they did this what would happen to my loan? Would the whole amount become repayable? Also can they shut an account that technically belongs to 2 people when only 1 of them have taken action against the bank? Or would they use the excuse of right to close any account blag?

 

TIA :p

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They calim the right to shut down any account.

You rloan should be safe. It is on its own contract.

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Thank You BF, I refuse to have an o/d with them so even if they did shut our a/c down I wouldn't owe them anything. Was just a bit worried about the loan but see what you mean about it being separate.

 

OH has opened a new a/c and I'm in the process of doing the same so we have other options if needed!

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  • 12 years later...

This topic was closed on 03/06/19.

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