Most couples often plan to open a joint account at the start of their marriage. Why? Probably because they want to be transparent with their finances and they want to save up as they start their family.
When I and my husband got married, that’s also one of the first few things we did. We opened a BDO joint account under our names. I felt excited during that time because that was the first time I saw my married name on our passbook and ATM card.
Just to clarify, Joint accounts are not only for married couples. Organizations, families, or friends can also open a joint account. In fact, I and my friend also opened a Joint Account for our High School Batch Fund.