Are there joint accounts that require the signature of both parties in order to withdraw funds?
Untitled
Yes, although they are becoming harder to find. Banks are usually reluctant to accept accounts that require multiple signatures because of the logistics of checking items on the account for double authorizations.
Inquire of the banks in your area to see if one of them will accept a "two-signatures-required" account. You should also be prepared to hear that a bank accepting such an account may charge a separate fee for the extra work involved.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.