I hear you but both these issues you quote are not always (If ever) a Banks fault, Due Diligence comes into this, I hear & understand what you say about the Banks responsibility in the West But only if there is NO negligence on the customers part. Banks all over the World have these and many more problems that I feel could be fewer if we (The customer) were just that little more careful.

Now my Friend I think we are now off Topic so maybe a new Thread on banking is in order

 

Brian, im definitely no finance guru, but i think it doesnt matter what you sign they will freeze a joint account....i think it happens everywhere, not just here....Think maybe seperate accounts are the go............

 

I speak with facts about a friend of mine who had a joint bank account with his phil wife, he passed away and when the bank found out he had died they froze the account and his widow had to go through the court system with the help of a lawyer, and by the time it was settled which took about 14 months about 60% of the account was loss. Yes i also have a joint account with my phil partner but do not allow to have a huge amount of pesos in the account. You might want to ask your bank what their policy is on joint bank accounts.