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Mike
16-06-2007, 17:38
Hi all

Does a DD on a joint account (LLoydsTSB) require both people to sign or can one account holder do it ???

Many thanks

Mike
Nedkelly
16-06-2007, 17:49
One person should be ok ive done it with mine no problems :)
Vlad_Dracul
16-06-2007, 17:54
One person is fine,i have the same set up only using Nationwides Flexaccount and on line banking.
Mike
16-06-2007, 18:44
It did it as part of changing gas and electric suppliers on uswitch. Was asked the question as part of giving my bank details !

Thanks

Mike
paulw37
16-06-2007, 23:03
Does a DD on a joint account (LLoydsTSB) require both people to sign or can one account holder do it ???

The answer depends on whether you have set up the account so that funds can be drawn out of the account with just one signature or whether both signatures are required. The simple answer is - If you can issue a cheque on one signature then you can sign a DD mandate on one signature.
Mike
18-06-2007, 12:00
The answer depends on whether you have set up the account so that funds can be drawn out of the account with just one signature or whether both signatures are required. The simple answer is - If you can issue a cheque on one signature then you can sign a DD mandate on one signature.

Thanks Paul can't get much clearer :)

Mike