The new Current Account Switch Service (CASS) makes it easier than ever to change your account, with most UK banks having signed up, and so, having agreed to the 7-day changeover period. Specifically, providing you are not in debit or overdrawn, it should take no more than seven working days to switch from your old account to new.
Put simply, a joint bank account is an account that you share with your partner, housemates, or family. Accordingly, each accountholder is able to check their balance, make transactions and hold a bankcard. Here, we discuss how to set up a joint account, and what the recommended uses for one are.