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Joint with Three Owners

Can you have a money market account with three owners? It is an older parent with adult children and she wants to have all three of them on her account. The mother first and then the two children. Is it joint with three owners?


Generally speaking, joint ownership isn't limited to two parties. Many banks routinely open accounts jointly owned by more than two individuals, and the scenario you describe is far from unusual. Any restriction on the number of joint owners would usually be an operational constraint upon the bank.

Published on BankingQuestions.com 7/31/08