DefiniteMe Posted July 22, 2017 Report Share Posted July 22, 2017 (edited) Went to open a bank account with my partner at a local bank today. The CSO who attended to us laughed in an uneasy manner and kept asking what the savings account is for. Savings account is for savings right duh.. so I told a little lie and say we are saving and might be opening a blogshop or what crap in the near future but are still in the midst of discussing and nothing had been firmed up. The CSO left and said she needed to talk to her manager. When she came back, she insisted we must open a corporate account and said we can never open a joint savings account and so we left. What to do? Went to another local bank and opened our joint account without such drama and fuss. Anyone encountered similar issue before? Edited July 22, 2017 by DefiniteMe Link to comment Share on other sites More sharing options...
snowball Posted July 22, 2017 Report Share Posted July 22, 2017 she just give you a " pro " suggestion, if you bothcannot accept then move to another bank to suit both need, cos i too find it funny to have joint saving account Link to comment Share on other sites More sharing options...
upshot Posted July 22, 2017 Report Share Posted July 22, 2017 (edited) Think joint account are "FAMILY" related included via marriage. This is one of the main reason gays are fight for their "rights' This is just one of them to recognize marriage legality to financial issues between married coupe be what ever sexuality you are. For two persons with no legally recognized link in the eyes of the laws and regulation to share an account is not possible. This is not the banks fault. They are just protecting themselves in case something goes wrong between you guys and then you want to blame the bank for not protecting either of you if something happens.. No one wants that responsibility unless some governing bodies has put some protected regulations in place. The only other option that might be able to link two unrelated people is thru a corporate account but think you need to register a company first.. so it is a kind of company account where you can authorized signatories of various people to take or put money into the account Edited July 22, 2017 by upshot Phil 1 ** Comments are my opinions, same as yours. It's not a 'Be-All-and-End-All' view. Intent's to thought-provoke, validate, reiterate and yes, even correct. Opinion to consider but agree to disagree. I don't enjoy conflicted exchanges, empty bravado or egoistical chest pounding. It's never personal, tribalistic or with malice. Frank by nature, means, I never bend the truth. Views are to broaden understanding - Updated: Nov 2021. Link to comment Share on other sites More sharing options...
Saggiboy Posted July 22, 2017 Report Share Posted July 22, 2017 1 hour ago, DefiniteMe said: Went to open a bank account with my partner at a local bank today. The CSO who attended to us laughed in an uneasy manner and kept asking what the savings account is for. Savings account is for savings right duh.. so I told a little lie and say we are saving and might be opening a blogshop or what crap in the near future but are still in the midst of discussing and nothing had been firmed up. The CSO left and said she needed to talk to her manager. When she came back, she insisted we must open a corporate account and said we can never open a joint savings account and so we left. What to do? Went to another local bank and opened our joint account without such drama and fuss. Anyone encountered similar issue before? So which bank u managed to open joint savings acct with no answer asked? Link to comment Share on other sites More sharing options...
doncoin Posted July 22, 2017 Report Share Posted July 22, 2017 Well your lie was that you are both going to start a business, so naturally it made more sense to open a business account. Love. Link to comment Share on other sites More sharing options...
Guest Bank on it Posted July 22, 2017 Report Share Posted July 22, 2017 I didn't encounter such prob when opening joint account with my gf then. While asking for the purpose of account is usual, ie MAS requirement, the officer should not sneer or at least, give that look. Link to comment Share on other sites More sharing options...
bigdanbeam Posted July 22, 2017 Report Share Posted July 22, 2017 5 hours ago, upshot said: ... They are just protecting themselves in case something goes wrong between you guys and then you want to blame the bank for not protecting either of you if something happens... Not if, but when. Don't say never. upshot and mate69 2 Link to comment Share on other sites More sharing options...
Nothinghello Posted July 23, 2017 Report Share Posted July 23, 2017 (edited) . Edited July 25, 2017 by Nothinghello Link to comment Share on other sites More sharing options...
Guest guest Posted July 23, 2017 Report Share Posted July 23, 2017 huh! me and bf managed to open an OCBC joint savIng account years ago. we hv no issue at all maybe because we stay together. our IC sane address Link to comment Share on other sites More sharing options...
upshot Posted July 23, 2017 Report Share Posted July 23, 2017 4 hours ago, Guest guest said: huh! me and bf managed to open an OCBC joint savIng account years ago. we hv no issue at all maybe because we stay together. our IC sane address That is good to hear man... maybe we should have a list of banks that would allow it... not so much since you are gay but well just two person willing to share an account. That might be a idea for gay couples want to open a shared account.. though I am not for it this idea of sharing account be it for showing you are loving or trusting..but when two people over time want to get nasty.. things will go nasty. And money will and is always going to be an issue. ** Comments are my opinions, same as yours. It's not a 'Be-All-and-End-All' view. Intent's to thought-provoke, validate, reiterate and yes, even correct. Opinion to consider but agree to disagree. I don't enjoy conflicted exchanges, empty bravado or egoistical chest pounding. It's never personal, tribalistic or with malice. Frank by nature, means, I never bend the truth. Views are to broaden understanding - Updated: Nov 2021. Link to comment Share on other sites More sharing options...
benedict5856 Posted July 24, 2017 Report Share Posted July 24, 2017 i used to work in the banking industry many years ago. Presently, banks do not open bank accounts easily as before. They will check yr history, whether u got use yr account for money laundry, for another person to buy 4D, etc. Why do u need to open an account? for what purposes now. So even if u have a savings account, the bank also do not allow u to open 2 savings account. Example - savings passbook AND savings account by statement. More rules are coming up for bankings. U should have told them that u both are couple. If they laugh at u, stomp them. Link to comment Share on other sites More sharing options...
DefiniteMe Posted July 24, 2017 Author Report Share Posted July 24, 2017 On 23/07/2017 at 1:41 AM, Saggiboy said: So which bank u managed to open joint savings acct with no answer asked? UOB On 23/07/2017 at 1:36 PM, Guest guest said: huh! me and bf managed to open an OCBC joint savIng account years ago. we hv no issue at all maybe because we stay together. our IC sane address OCBC was the bank which rejected us..meh 10 hours ago, benedict5856 said: U should have told them that u both are couple. If they laugh at u, stomp them. The lady was quite nasty and also unsure how to serve us. Link to comment Share on other sites More sharing options...
futaki Posted July 24, 2017 Report Share Posted July 24, 2017 I opened a joint savings acct with my bf last year... With maybank... No question asked... Just signed up only... Link to comment Share on other sites More sharing options...
benedict5856 Posted July 25, 2017 Report Share Posted July 25, 2017 18 hours ago, DefiniteMe said: UOB OCBC was the bank which rejected us..meh The lady was quite nasty and also unsure how to serve us. In banking industry, u can always complain about them if u are not happy. They don't open yr account for u, right? complain. If u dunno how to complain, then complain about their services. Complain they give u certain kinda irritated looks. Complain they look down upon u. As long its u complain, u win. Thats the reason i left bank bcas of irritating customers. Management will always protect customers. Link to comment Share on other sites More sharing options...
bigdanbeam Posted July 25, 2017 Report Share Posted July 25, 2017 Doing what Singaporeans do best huh, complain Link to comment Share on other sites More sharing options...
gstringuy26 Posted July 25, 2017 Report Share Posted July 25, 2017 On 7/23/2017 at 0:16 AM, DefiniteMe said: Went to open a bank account with my partner at a local bank today. The CSO who attended to us laughed in an uneasy manner and kept asking what the savings account is for. Savings account is for savings right duh.. so I told a little lie and say we are saving and might be opening a blogshop or what crap in the near future but are still in the midst of discussing and nothing had been firmed up. The CSO left and said she needed to talk to her manager. When she came back, she insisted we must open a corporate account and said we can never open a joint savings account and so we left. What to do? Went to another local bank and opened our joint account without such drama and fuss. Anyone encountered similar issue before? Maybe A gay clerk won't laugh? But it still sounds funny! LOL....Maybe I can crack this joke to my colleagues and see how they will response! Link to comment Share on other sites More sharing options...
Nothinghello Posted July 25, 2017 Report Share Posted July 25, 2017 (edited) . Edited July 25, 2017 by Nothinghello Link to comment Share on other sites More sharing options...
Guest Guest Posted July 29, 2017 Report Share Posted July 29, 2017 I opened a joint bank account with my partner last year with OCBC. We didnt declare our relationship nor being asked what's the purpose. We just told them we want to open a joint account and immediately it was done. Our ICs also state the same address, not sure whether that helps. Link to comment Share on other sites More sharing options...
Guest Antigay Posted July 29, 2017 Report Share Posted July 29, 2017 Just remember that SG is a homophobic country, not everyone is comfortable being around gays. From young my parents have negatively protrayed gays as dangerous and to avoid at all cost, looks like karma hit them back. Link to comment Share on other sites More sharing options...
benedict5856 Posted July 29, 2017 Report Share Posted July 29, 2017 1 hour ago, Nightingale said: Just remember, SG is not a TOTAL homophobic country, otherwise our police would actively enforce Article 377A. Some parents have portrayed gays negatively because of their ignorance & prejudice, which should be avoided at all cost. Karma will hit those who promote negativity & hate-mongering. u so old already, still believe in karma?! Many good ppl died young. Many bad ppl live a ripe old age. Link to comment Share on other sites More sharing options...
Guest Guest Posted July 29, 2017 Report Share Posted July 29, 2017 2 hours ago, benedict5856 said: u so old already, still believe in karma?! Many good ppl died young. Many bad ppl live a ripe old age. Karma exist. Dues are always paid. ALWAYS. Link to comment Share on other sites More sharing options...
Jon Kai Posted July 29, 2017 Report Share Posted July 29, 2017 6 hours ago, Guest Guest said: I opened a joint bank account with my partner last year with OCBC. We didnt declare our relationship nor being asked what's the purpose. We just told them we want to open a joint account and immediately it was done. Our ICs also state the same address, not sure whether that helps. Anyway its not a good idea actually like even to buy a house, it should just be under one name; i.e. the person who paid for it. Be sure to ensure equal contribution if there are two names because you never know what will happen in the future. Always trust no one but yourself, because there are always better people out there and you partner can walk away anytime he likes to. Link to comment Share on other sites More sharing options...
benedict5856 Posted July 30, 2017 Report Share Posted July 30, 2017 22 hours ago, Jon Kai said: Anyway its not a good idea actually like even to buy a house, it should just be under one name; i.e. the person who paid for it. Be sure to ensure equal contribution if there are two names because you never know what will happen in the future. Always trust no one but yourself, because there are always better people out there and you partner can walk away anytime he likes to. Trust your ownself?! How naive thinking....., or rather contradicting thinking. If your partner can walk away, does that mean YOU yourself also can walk away too?! THen u forever don't get a relationship. Best, go buy an island in Indonesia, and live there alone. Link to comment Share on other sites More sharing options...
Jon Kai Posted July 30, 2017 Report Share Posted July 30, 2017 5 minutes ago, benedict5856 said: Trust your ownself?! How naive thinking....., or rather contradicting thinking. If your partner can walk away, does that mean YOU yourself also can walk away too?! THen u forever don't get a relationship. Best, go buy an island in Indonesia, and live there alone. I am a keeper but anyone can walk away in a relationship; people with no integrity especially. An island is fantastic! Link to comment Share on other sites More sharing options...
Guest Christopher Posted July 30, 2017 Report Share Posted July 30, 2017 On 7/25/2017 at 5:42 PM, benedict5856 said: In banking industry, u can always complain about them if u are not happy. They don't open yr account for u, right? complain. If u dunno how to complain, then complain about their services. Complain they give u certain kinda irritated looks. Complain they look down upon u. As long its u complain, u win. Thats the reason i left bank bcas of irritating customers. Management will always protect customers. dun be an idiot. why are you asking people to complain and since you are from the industry previously? for TS case, i believe the CSO is a young girl. probably not as much (life) experience so i would give her some slack. i believe if its an auntie, she would have handled it professionally. Link to comment Share on other sites More sharing options...
Marineboy Posted July 30, 2017 Report Share Posted July 30, 2017 Seriously what is the issue? Anyone can open a joint account...blood related or otherwise... Just dont need to feel odd...feel proud you both are wanting to share a joint account. My bf and me opened it a few years back...no isues.posb. Just that there can only be 2 names in a joint account and not more. Or remove one name and replace with another name due death etc I have joint accounts with my dad n mom as well... Even when they passed on its good to keep it for a few years...as if there is anything payable to any of them it can go into the joint account with you. Much more convenient. Phil 1 Link to comment Share on other sites More sharing options...
Phil Posted July 30, 2017 Report Share Posted July 30, 2017 In this field, Singapore is much more open minded than other countries. In France, when the last parent passes on, the acount is immediately blocked. But for a couple, I think the bank does not ask whether you are married or not... and anyway, you are not obliged to answer. Marineboy 1 Link to comment Share on other sites More sharing options...
Marineboy Posted August 1, 2017 Report Share Posted August 1, 2017 On 7/31/2017 at 0:07 AM, Phil said: In this field, Singapore is much more open minded than other countries. In France, when the last parent passes on, the acount is immediately blocked. But for a couple, I think the bank does not ask whether you are married or not... and anyway, you are not obliged to answer. We have 2 types or joint account..."AND" then both are required for transactions...the "OR" account either one can transact without the other...even close the account etc.. Phil 1 Link to comment Share on other sites More sharing options...
Phil Posted August 1, 2017 Report Share Posted August 1, 2017 1 hour ago, Marineboy said: We have 2 types or joint account..."AND" then both are required for transactions...the "OR" account either one can transact without the other...even close the account etc.. Good remark! I was not clear, sorry! We have the same system, but I have seen that only for couples, not for parents and children. I am not sure if it's possible here... Marineboy 1 Link to comment Share on other sites More sharing options...
Marineboy Posted August 2, 2017 Report Share Posted August 2, 2017 22 hours ago, Phil said: Good remark! I was not clear, sorry! We have the same system, but I have seen that only for couples, not for parents and children. I am not sure if it's possible here... I would think most banks should be similar... As far as i know it's ok to have joint accounts with anyone..even siblings frens etc....you are still young When my dad started to have some problems signing his cheques etc n not able to go out for his banking needs was the time i started to suggest for his convenience i can assist him with the joint account. He was more receptive but not initially...haha I assured him i have my own and wont need to cheat him etc....always updating whatever i did on the joint account with his approval. Phil 1 Link to comment Share on other sites More sharing options...
Phil Posted August 2, 2017 Report Share Posted August 2, 2017 8 hours ago, Marineboy said: I would think most banks should be similar... As far as i know it's ok to have joint accounts with anyone..even siblings frens etc....you are still young When my dad started to have some problems signing his cheques etc n not able to go out for his banking needs was the time i started to suggest for his convenience i can assist him with the joint account. He was more receptive but not initially...haha I assured him i have my own and wont need to cheat him etc....always updating whatever i did on the joint account with his approval. In fact, I did not ask this question to my bank, you might be right (but I'm not young). The usual solution proposed is a "power of attorney", allowing the son, daughter or anybody else, BF or GF included, to realize any operation on the account. We experienced that recently... Link to comment Share on other sites More sharing options...
skater Posted August 10, 2017 Report Share Posted August 10, 2017 I have joint account with my bf for both DBS and UOB, there isnt any problem or questions asked. We even have joint CDP account for shares holding. But they encourage the "or" type rather than "and" type. Issuing cheque is easier for "or" closing account etc. Heck...even HDB allows unrelated singles to jointly own HDB, so having joint account is nothing unsual . Link to comment Share on other sites More sharing options...
koolkai Posted August 11, 2017 Report Share Posted August 11, 2017 All banks want people to deposit or invest their money. Regardless of joint or single account, there shouldn't be any issue to have joint account with someone that is not your family member such as your bf. Link to comment Share on other sites More sharing options...
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