Becu Add Authorized User Form

What is the BECU Add Authorized User

The BECU add authorized user feature allows existing account holders to grant access to another individual, enabling them to use the account without being a primary account holder. This can be particularly useful for family members or trusted friends who may need to manage shared expenses or access funds. By adding an authorized user, the primary account holder retains control over the account while providing the authorized user with the ability to make transactions, such as deposits and withdrawals, or to use a debit card linked to the account.

How to Use the BECU Add Authorized User

To utilize the BECU add authorized user option, the primary account holder must initiate the process through their BECU online banking account or by visiting a local branch. This typically involves providing the authorized user's personal information, such as their name, date of birth, and Social Security number. Once submitted, BECU will review the request and, upon approval, the authorized user will receive access to the account. It is essential for the primary account holder to communicate the responsibilities and limitations of the authorized user to ensure proper account management.

Steps to Complete the BECU Add Authorized User

Completing the BECU add authorized user process involves several straightforward steps:

1. Log in to your BECU online banking account or visit a local branch.
2. Navigate to the account management section and select the option to add an authorized user.
3. Provide the required personal information for the authorized user, including their full name and date of birth.
4. Review the terms and conditions associated with adding an authorized user.
5. Submit the request for approval.
6. Once approved, inform the authorized user about their access and any limitations.

Legal Use of the BECU Add Authorized User

Adding an authorized user to a BECU account is a legally recognized process, provided it is executed according to BECU's policies and applicable laws. The primary account holder remains responsible for all transactions made by the authorized user. It is crucial to understand that while the authorized user can access the account, they do not have ownership rights. This distinction is important for legal and financial accountability, particularly in situations involving disputes or unauthorized transactions.

Eligibility Criteria

To add an authorized user to a BECU account, certain eligibility criteria must be met. The primary account holder must be in good standing with BECU and have an active account. The authorized user must be at least 13 years old, although specific age requirements may vary based on account type. Additionally, the authorized user must provide valid identification and personal information to facilitate the addition process.

Required Documents

When adding an authorized user to a BECU account, the primary account holder may need to provide specific documentation. This typically includes:

• Valid identification for the authorized user, such as a driver's license or passport.
• Social Security number of the authorized user.
• Any additional information requested by BECU to verify identity and eligibility.

Examples of Using the BECU Add Authorized User

There are various scenarios in which adding an authorized user can be beneficial. For instance, a parent may add their child as an authorized user to help them learn about managing finances. Alternatively, a couple may choose to add each other as authorized users to streamline shared expenses. In both cases, the primary account holder maintains oversight while allowing the authorized user to participate in account activities.