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Joint Accounts, Explained - When Should Couples Share Bank Accounts?d) Each holder of a joint account authorizes and empowers the other holder(s) to endorse for deposit and to deposit with the Bank any and all cheques, notes or. (m) �Joint Account� shall mean an account held by two or more individual customers jointly, the �Joint Account Holders�; (n) M-Loan shall mean a credit. A joint bank account generally works like any other checking or savings account. The difference is that two people�married or unmarried partners, parent and.