Managing your everyday banking when you get divorced
Your joint current accounts, insurance and loans
Which joint current accounts, insurance policies and loans do you have with ABN AMRO? And what do you want to do with them?
Your joint current accounts
Download statements
Download your statements and Annual Financial Summary on Internet Banking before you close the joint account.
Cancel or transfer standing orders
Cancel the standing orders and direct debits if necessary or transfer them to your new account.
Open a new bank account
If you don’t yet have your own account, you can easily open a bank account for yourself in the ABN AMRO app.
Transferring a joint account to one account holder
If you or the other joint account holder want to keep the account number of a joint current and/or savings account, the account holder wishing to be removed from the account can easily surrender the account by completing the form below. The account holder surrendering the account will then no longer have access to the account and their debit cards will be cancelled.
They should first download their account statements on Internet Banking, as this will no longer be possible once the order has been carried out.
Your insurance
Check your insurance
- Change insurance policies that cover you as a family to policies with cover for a single person or single parent family.
- If you and your partner drove the same car, but only your partner has built up claim-free years, you can take over these claim-free years. Your partner will have to transfer their claim-free years to you using the release form.
- If you have life insurance or funeral insurance, check who will receive the payout after your death and change this if necessary.
- If you receive child maintenance or your partner cares for the children, consider taking out life insurance on your partner’s life.
- If you have joint healthcare insurance, you may want to take out separate insurance instead. Ask your health insurance company to explain your options.
Your insurance after a move
- If you or your partner is moving to another home, it’s a good idea to take out new insurance for home contents, legal expenses and personal liability.
- If you or your partner is staying in your current home, discuss which of you will take over the ongoing insurance policies, and change them accordingly. This could include home, home contents and car insurance.
Your joint loans
Pay off any outstanding loans. If you’re unable to do so, you and your partner must decide how you will pay off the outstanding amount together. You may be able to convert the old loan into a new loan.
You could also split the loan so that you and your partner each have your own new loan to pay off. The loan will be reassessed.
If you’re in payment arrears, don’t keep it to yourself. You don’t have to find a solution on your own. Please contact us. We’ll find a suitable solution together and help you catch up with your payments.
Do you have a credit card?
- The main cardholder may keep the credit card. Please let us know the new account number for the direct debits.
- If you have a joint extra credit card, it’s probably a good idea to cancel it and request a credit card for yourself.
Financial advice with no strings attached
Would you like to talk about your financial situation without committing to anything? Perhaps because you’re wondering how you’ll manage once you’re divorced? Please know that you’re not on your own. Our Financial Health Coaches will be happy to help you find the right solution.