May I add beneficiaries to an account?

Yes, you may add up to two (2) beneficiaries to your account. However, the beneficiaries are not account owners and have no rights to the account. In the event that the account owners are deceased, the beneficiaries are entitled to claim the available balance in the account which will be distributed amongst all named beneficiaries. To add a beneficiary to the account, the account holder needs to provide the beneficiary Full Legal Name and Date of Birth.