Can I set up a joint account? (SG)

Yes! You're able to open a joint account.

Before opening a joint Endowus account with us, here's some things to take note of:

1. Joint accounts are restricted to Cash investing only (no CPF, no SRS).
2. A joint account is a standalone, unique account. It cannot be linked to your existing individual Endowus account. An individual Endowus account and a joint Endowus account each have separate login details.
3. Each Endowus account must be registered with a unique email address (email alias is accepted).
4. The joint account uses a single user email address for login, while multiple mobile numbers can receive OTPs for login. However, only one designated mobile number can receive OTPs to authorise transactions.
5. A joint Endowus account is a joint-alternate account. Both main and secondary account holders have equal access and control to the joint account. You can decide who is the main account holder and who is the secondary account holder based on your preferences. In the event that one account holder passes away, the other account holder will have full access to and control of the joint account.
6. The minimum age for an Endowus account holder is 18. We are unable to open an account for individuals below the age of 18. 
7. In the event of both account holders' deaths, your executor or administrator shall be the only person recognised by us. Please refer here for more information. 

How to open an Joint Account?

1. When you create a new account through our account opening page, you will be able to indicate if you'd like the account to be an individual account or joint account. Select Joint Account. 

2. During the onboarding process, you'll be required to download a Joint Alternate Account Authorisation letter. Please sign this document and upload it during your onboarding process. 

3. Once you've completed the onboarding process and submitted your documents, you're all set. We'll reach out to you if we've anything further that we require for the opening of your account. 

Please refer to the account opening processes below and follow the process that matches your circumstances.

Process (1): Both applicants are new to Endowus and do not have an existing Endowus account

Process (2): One applicant has an existing individual Endowus account 

Process (3): Both applicants have existing Endowus accounts

What is an email alias?

An email alias is a forwarding address. All emails addressed to the alias are forwarded to a specified account.

For example, your user email address for your individual Endowus account "abc@gmail.com". You can sign up for a joint Endowus account with an email alias "abc+endowus@gmail.com". Our system will recognise "abc+endowus@gmail.com" as a unique user email address and all the email notifications will be sent to your inbox at "abc@gmail.com". 

1. Create email alias for Gmail: https://support.cloudhq.net/how-to-setup-gmail-aliases/ 
2. Create email alias for Outlook.com: https://support.microsoft.com/en-us/office/add-or-remove-an-email-alias-in-outlook-com-459b1989-356d-40fa-a689-8f285b13f1f2 
3. Create email alias for iCloud.com: https://support.apple.com/en-gb/guide/icloud/mm6b1a490a/icloud 

Please reach out to support@endowus.com for further clarifications about opening a joint Endowus account.