Can I add a joint bank account?
Can I add a joint bank account? Can I add a joint bank account?

Can I add a joint bank account?

Summary

You can add a joint bank account to your Bitvavo account. In some cases, you may need to upload a photo of a bank card or a bank statement to verify that the bank account is also in your name. If the bank account is not in your name, it cannot be verified.

In the Netherlands, a joint bank account can be verified on multiple Bitvavo accounts, meaning both account holders can link the same IBAN to their respective Bitvavo accounts. However, this is only possible with select banks in the Netherlands and not in other countries.


Adding a joint bank account

A joint bank account can be linked to your Bitvavo account as long as your name is listed as one of the account holders. Here’s how the verification process works:

  1. Initiate the verification process

    • Deposit euro to your Bitvavo account from the IBAN you'd like to verify.
  2. Upload verification documents (if required)

    • In some cases, you may be asked to provide additional proof, such as:
      • A photo of your bank card showing your name and IBAN.
      • A recent bank statement with your name and IBAN visible, if this is not visible on your bankcard.
  3. Verification check

    • Bitvavo will check if the name on the bank account matches the name on your Bitvavo account.
    • If your name is listed as an account holder, the IBAN will be verified successfully.
    • If your name is not listed, the IBAN cannot be verified.

Joint bank accounts in the Netherlands

In the Netherlands, a joint bank account can be verified on multiple Bitvavo accounts. This means that if you and your partner share a joint account, you can both add the same IBAN to your individual Bitvavo accounts.

Note: This is only possible for select banks in the Netherlands. If your bank is not supported, you will need to use an individual bank account instead.

Joint bank accounts outside the Netherlands

Unfortunately, the ability to verify the same joint bank account on multiple Bitvavo accounts is not available in other countries. If you use a bank from another country, the IBAN can only be verified on one Bitvavo account.


FAQ

Can I add a joint bank account if my name is not listed as an account holder?

No, your name must be listed as an account holder for the bank account to be verified. If your name does not appear, the IBAN cannot be added to your Bitvavo account.

Do I always need to upload a bank statement or bank card?

Not always. In some cases, Bitvavo can verify the bank account automatically. However, if additional verification is needed, you may be asked to upload a photo of your bank card or a bank statement.

Can I add a joint bank account if I live outside the Netherlands?

Yes, you can add a joint bank account if you live outside of the Netherlands. Note that it is only possible to verify the bank account on one Bitvavo account if it is not a dutch bank.

How long does the bank account verification process take?

Bank account verification is usually completed within a few minutes. If additional documents are required, it may take up to one business day.

Was this article helpful?

79 out of 163 found this helpful