Adding a Second Account Holder to an Existing Bank Account with LOQR’s Platform

As customer expectations continue to evolve, banks are under increasing pressure to deliver seamless, fully digital experiences at every stage of the customer journey. While many everyday services have migrated online, certain banking processes still rely on branch visits, paperwork and manual checks. 

One such challenge may be the need to add a second account holder to an existing bank account. Whether it’s for couples managing shared finances, family members handling joint expenses, or business partners requiring shared access, this request often arises after an account has already been opened. Traditionally, fulfilling it has meant time-consuming visits to branches and operational inefficiencies for both banks and customers.

With LOQR’s Platform, banks can now allow customers to add a second account holder online with just a few clicks, combining an enhanced user experience with secure identity verification and legally binding contract signing. This results in a faster, more convenient, and compliant experience that eliminates unnecessary barriers while maintaining the highest security standards.

Fill in the form below to learn more about LOQR’s solution.

Download Whitepaper