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Joint accounts are suitable for cases when several individual customers wish to have a common account to serve a certain purpose.
As a rule the joint account holders manage the funds on the current or deposit account only together. If they wish to manage the funds separately or to elect among them a representative, it requires the joint account holders to sign a declaration in personal at the Bank.
Each joint account holder is jointly liable for all obligations deriving in connection with the joint account to their full amount.