There can be two nominees for a jointly held locker.
Here's a breakdown of nominee rules related to bank accounts and lockers:
- Deposit Accounts: Whether an account is held singly or jointly, only one nominee is allowed.
- Lockers: For lockers held jointly, banks allow up to two nominees.
- Minors: A person legally authorized to operate a minor's account can file a nomination on behalf of the minor.
It's always a good idea to confirm these details with your specific bank, as policies may vary slightly.
