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Can we require dual signatures for our business account?
Charles, New York
February 9, 2016 07:05:30 AM
1 person recommended this |
In reply to Charles, New York
Thanks for sending us your question today, Charles.
To update the authorized signers on a business account, the signer (who will remain on the account) can visit a local TD Bank Store during lobby hours to sign an updated signature card with the new signer together. The signer (who is being replaced) is not required to be present. Please ensure that all signers have proper ID; a Driver's License, Passport, State issued ID, or Military ID will be accepted. For TD Bank Store locations and hours near you, please visit http://bit.ly/TDStores.
If you have any additional questions or concerns, please feel free to contact us 24/7 at 888-751-9000 or stop by any of the TD Store locations in your area.
If you are referring to a personal joint account, both signers have equal rights and access to that account. This means that neither signer can be removed from the account, if you do not wish to continue to share the account, the account must be closed. Once the account is closed, the individual may open a new personal account to which the other will not have access to. In order to close a joint personal account, only one signer is required to submit this request.
We hope this helps, and take care Charles.
Alara B, Mount Laurel
February 9, 2016 07:06:46 AM