Can I open a FRANK Account in joint name?
I just applied for FRANK Debit Card I think I may need to open a FRANK account as well. Specifically I am looking to open a joint account for myself and my wife. Can I do that?
Products mentioned in this forum:
Search other products or providers:
Yes certainly you can but you have to be aware that with the FRANK account you are limited to two joint account holders only. Thus if you’re planning to open a joint account with three or more people, you might want to consider doing that with some other existing OCBC banking accounts instead. Also, if the Primary account holder’s age is above 26, a service fee of S$2 will apply to the joint FRANK Account, and that is only if the average daily balance for the month is less than $1000.