tiktok³ÉÈË°æ

All Countries
Banking
Joint Account Agreement

Joint Account Agreement Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Joint Account Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Joint Account Agreement

"Need a Joint Account Agreement for a married couple opening a savings account with DBS Bank Singapore, with equal signing rights and online banking access for both parties, to be effective from January 2025."

Celebrated by
Collaborations with
Investors
Document background
The Joint Account Agreement is essential when two or more individuals wish to establish a shared banking relationship in Singapore. This document is commonly used for family members, business partners, or any parties requiring shared access to financial resources. The agreement details crucial aspects such as signing authorities, liability structure, death/incapacity provisions, and account operation rules, all in compliance with Singapore banking regulations. It provides clarity on rights and obligations while protecting both the account holders and the financial institution.
Suggested Sections

1. Parties: Identification of the account holders and the bank

2. Background: Context and purpose of the joint account arrangement

3. Definitions: Key terms used throughout the agreement

4. Account Operation: Rules for operating the account, including signing authorities

5. Rights and Obligations: Responsibilities and rights of each account holder

6. Liability: Joint and several liability provisions

7. Death/Incapacity: Provisions for death or incapacity of account holders

8. Termination: Conditions and process for closing the account

9. Governing Law: Specification of Singapore law as governing law

Optional Sections

1. Electronic Banking Services: Terms for online/mobile banking access when electronic banking services are provided

2. Foreign Currency Provisions: Terms for foreign currency transactions when account allows foreign currency transactions

3. Special Investment Provisions: Terms for investment activities when account includes investment facilities

Suggested Schedules

1. Schedule 1: Authorized Signatories: List of authorized signatories and signing requirements

2. Schedule 2: Fee Schedule: Applicable fees and charges

3. Appendix A: KYC Documentation: Required identification and verification documents

4. Appendix B: Operating Instructions: Detailed instructions for account operation

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions


























Clauses


























Industries

Banking Act (Cap. 19): Primary legislation that regulates banking business and operations in Singapore, including provisions regarding bank accounts and customer relationships

Banking (Joint Account) Regulations: Specific regulations governing joint accounts and rules regarding survivorship rights

MAS Guidelines: Monetary Authority of Singapore guidelines on Fair Dealing and requirements for financial institutions in dealing with customers

Personal Data Protection Act 2012: Legislation governing data protection obligations and consent requirements for collection and use of personal data

AML/CFT Requirements: Anti-Money Laundering and Countering the Financing of Terrorism requirements including KYC and suspicious transaction reporting obligations

Mental Capacity Act (Cap. 177A): Legislation covering provisions regarding account holders who may lose mental capacity and powers of attorney considerations

Civil Law Act (Cap. 43): Legislation containing general contract law principles and rights and obligations of parties

Banking Secrecy Provisions: Legal requirements regarding customer confidentiality and information sharing restrictions

Probate and Administration Act (Cap. 251): Legislation governing provisions regarding deceased account holders and estate administration requirements

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Current Account Agreement

find out more

Checking Account Agreement

find out more

Pledged Collateral Account Control Agreement

find out more

Bank Deposit Agreement

find out more

Bank Account Control Agreement

find out more

Collateral Account Agreement

find out more

Account Control Agreement Collateral

find out more

Checking Agreement

find out more

Client Account Agreement

find out more

Trust Account Agreement

find out more

Letter Of Authorization To Debit Account

find out more

Cash Account Management Agreement

find out more

Time Deposit Agreement

find out more

Notice Of Assignment Of Accounts Receivable

find out more

Blocked Account Control Agreement

find out more

Savings Account Agreement

find out more

Margin Agreement

find out more

Blocked Account Agreement

find out more

Bank Account Agreement

find out more

Securities Account Control Agreement

find out more

Account Management Agreement

find out more

Joint Account Agreement

find out more

Account Pledge Agreement

find out more

Account Opening Agreement

find out more

Certificate Of Deposit Agreement

find out more

Account Receivable Purchase Agreement

find out more

Accounts Receivable Assignment Agreement

find out more

Deed Of Assignment Of Shares Of Stock

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.