Can I open a joint account with Commonwealth Bank?

Yes, it is possible to open a joint account with Commonwealth Bank. Opening a joint account allows two or more individuals to manage and access funds together. To open a joint account, all account holders must visit a Commonwealth Bank branch in person and bring identification documents, such as passports or driver's licenses, to verify their identities. Each account holder will also need to provide their Tax File Numbers (TFN) or exemption codes. Commonwealth Bank offers various types of joint accounts, including everyday transaction accounts, savings accounts, and term deposits. Joint accounts allow convenient management of shared finances, enabling easy access to funds for both parties. It is important to note that joint account holders have equal access and responsibility for the account, including overdrafts and account fees.