Frequently asked questions

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Who can decide what happens to the money in the joint account?

Our joint account is a so-called «OR account». This means that you are both equal and full account holders and that you both have full power of disposal over the money in the joint account. 

Example: Tom pays the rent quickly and unbureaucratically. This is because he does not need the consent or approval of his flatmate Jerry to make the payment. 

With neon duo, there is no need for an approval process as it would be the case with a so-called «AND account» where Tom AND Jerry both have to approve payments. 

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