Shared money, separately you.
A joint account for the people you split life with — partners, housemates and family. One multi-currency balance and a single Lithuanian IBAN, with individual cards, personal limits and shared visibility so everyone always knows where things stand.
- 2Equal account holders
- 28Currencies shared
- ~6sInternal transfers
- LTShared IBAN
Rent, the weekly shop, a holiday fund — a single place for the money two people spend together.
An Sezvo joint account is a shared current account held equally by two people. It is designed for the everyday reality of splitting life with someone — a partner you live with, a housemate you share rent and bills with, or a family member you manage money alongside. Both holders see the same balance, spend from the same pot, and get their own card, so the account works as one shared wallet without anyone losing sight of where the money goes.
Like every Sezvo account, a joint account is multi-currency. You can hold and spend across 28 currencies from a single balance, which is genuinely useful for couples who live between countries, split a holiday abroad, or send money home. The account comes with its own Lithuanian IBAN that both holders can share for salary, rent contributions, refunds and SEPA payments. Internal transfers between Sezvo accounts usually settle in around six seconds, so moving your share into the joint account is instant in practice.
A joint account does not replace your personal money. Most people keep a personal Sezvo account for their own spending and open the joint account for the costs they share — the rent, the standing orders, the food shop, the savings goal you are building together. The two sit side by side in the same app, and you can move money between them in a tap.
One person opens the account, the other accepts an invite, and you are both holders within minutes.
Opening is built around an invite. One person starts the joint account from inside the Sezvo app — you choose to create a joint account, give it a name like “Home” or “Us”, and we generate the shared IBAN. You then send an invitation to the person you want to share it with, by email or phone number, or with a link you can paste into a message.
The second person needs their own Sezvo account to accept. If they already have one, joining takes a few taps. If they do not, they download the app and complete the same quick onboarding everyone does: a few personal details, a government-issued identity document, and a short liveness check. Because Sezvo is a licensed electronic money institution, both holders are separately identity-verified before the account becomes fully active — there is no way to add someone to a joint account without them passing checks in their own name.
Once the invite is accepted, both people are equal holders. There is no “owner” and “guest” tier: you each have full access to the balance, the shared IBAN, the statements and the settings. An Sezvo joint account is held by two people. If your household is larger, the usual approach is a joint account between the two people who anchor the shared finances, with everyone else contributing by transfer or standing order into the shared IBAN.
Two holders, two sets of cards — all drawing on the same balance, each with its own controls.
Each holder gets their own cards. You can each create virtual cards instantly for online and in-app spending, add them to Apple Pay and Google Pay, and order physical cards — including the metal card on eligible plans — delivered in your own name. Every card draws on the same shared balance, but the cards themselves are personal: yours is yours, theirs is theirs, and each one carries the name of the person holding it.
Because the cards are individual, the controls are too. Either holder can freeze or unfreeze their own card in a tap if it goes missing, toggle online payments, contactless, ATM withdrawals and magstripe use, and set their own per-transaction and daily limits. A frozen or limited card only affects that card — the other holder keeps spending normally. If a card is lost or stolen, freezing it instantly protects the shared balance without disrupting the other person.
Every card payment, top-up and transfer shows in a single shared feed with the name of the person who made it, so it is always clear who paid for what. That shared transaction history is one of the main reasons couples and housemates use a joint account in the first place: no chasing receipts, no “was that you or me?” at the end of the month.
Both holders see the same balance, the same feed and the same notifications as money moves.
Transparency is the point of a joint account, so visibility is shared by default. Both holders see the live balance, the full transaction feed, every pot and goal, all statements, and the shared IBAN details. Nothing in the joint account is hidden from one holder and shown to the other — you are looking at the same account from two phones.
Notifications are shared in the ways that matter. When a payment leaves the joint account, both holders can receive an instant push notification showing the merchant, the amount and which holder made the payment. When money arrives — a salary, a refund, a transfer from a flatmate — you both see it land. You can each tune which joint-account alerts you want in your own notification settings, so one of you can keep every ping while the other prefers a daily summary, without changing what the other person receives.
Statements are shared and downloadable by either holder as a PDF or CSV, which makes splitting tax, claiming expenses or simply reviewing the month straightforward. Because the feed is labelled by holder, the statement is too: you can see at a glance how the shared spending broke down between you.
Shared balance, personal boundaries — set your own limits without policing each other.
A shared balance does not have to mean a free-for-all. Each holder can set their own personal spending limits on their own cards — a daily cap, a per-transaction cap, or category toggles — which is useful if one of you wants a tighter rein on impulse spending or a clean record of a particular kind of cost. These are self-imposed limits on your own card, set by you, for you.
Both holders also keep full control over the joint account's settings, because you are equals. Either of you can change the account name, manage pots, set up or cancel standing orders and direct debits, and update notification preferences. Sensitive actions are protected: moving money and changing security settings are gated by your payment PIN and your device's biometrics, so even on a shared account each action is authorised by a real person on a real verified device.
Where money safety is concerned, the same protections apply as on any Sezvo account. Customer funds in a joint account are safeguarded in line with the rules that govern electronic money institutions, held separately from Sezvo's own funds. It is worth being precise here: Sezvo is an e-money institution, not a traditional bank, so safeguarding — rather than the deposit guarantee scheme — is the primary protection for e-money balances. Where the applicable deposit guarantee scheme does apply, eligible deposits are protected up to €100,000.
Automate the rent and the shop, then set money aside together with pots and savings goals.
The reason most people open a joint account is to handle shared bills, and that is where it earns its keep. You can set up standing orders for rent and recurring transfers, and direct debits for utilities, broadband, subscriptions and council tax, all paid from the shared balance. Both holders see each payment as it goes out, so there is never any doubt about whether the rent has cleared.
Pots let you carve the joint balance into named buckets — Rent, Bills, Food, Holiday, Car — so the money for fixed costs is set aside and never accidentally spent. You can move money into a pot manually, schedule a contribution each payday, or round up spare change, and either holder can top a pot up or draw from it. It is a simple way to make sure the bill money is always there before the fun money gets touched.
When you are saving toward something together, savings vaults and goals turn the joint account into a shared plan. You can open a vault inside the joint account, set a target — a deposit, a wedding, a trip — and watch both of your contributions add up in one place. Eligible savings earn up to 5.2% AER, with interest paid daily, so the money you set aside as a couple or a household is working while it waits. Capital held as e-money is safeguarded; where you choose to invest instead, your capital is at risk.
Not everything divides evenly — split, request and rebalance without the awkward maths.
Even with a shared account, life does not divide neatly in half. One person earns more, one covers a bigger share this month, one pays for the holiday up front. Because the joint feed labels every payment by holder, it is easy to see who has put in what and rebalance with a quick internal transfer — from a personal Sezvo account into the joint IBAN, settling in around six seconds.
You can also keep the split deliberately uneven if that is what works for you. Some couples contribute proportionally to income; some housemates pay different shares because rooms differ in size. The joint account does not impose a 50/50 rule — it simply records what actually happened, clearly, so the agreement you have made between yourselves is easy to honour and easy to review.
For costs that sit outside the shared account, you can request money from anyone with a payment link, and have it land in the joint balance. That makes it simple to collect a flatmate's share of a one-off bill, or a family member's contribution to a gift, straight into the pot it belongs in.
Relationships and households change — closing a joint account is built to be clean and fair.
A joint account should be as easy to leave as it was to open. When you want to close it, you settle the balance — splitting or transferring the remaining money to each holder's personal account — cancel or move the standing orders and direct debits to a new account, and then close the joint account from the app. We will walk you through the steps so nothing important is missed, and the shared IBAN stops accepting payments once the account is closed.
Because both holders have equal rights to the funds, closing and large rebalancing actions are designed to keep both people informed. If a relationship or living arrangement breaks down, contact our 24/7 in-app support and we can help manage the account responsibly while it is wound down. We treat shared accounts carefully precisely because they involve two people's money.
On liability: a joint account is held jointly, and each holder is individually and jointly responsible for the account, including any agreed overdrawn position, fees or charges associated with it. In plain terms, both holders are on the hook for what the account owes, regardless of who spent it. That is the nature of sharing an account, and it is why we ask you to open one only with someone you trust. The full detail lives in the account terms, which both holders accept when they join.
Who can open one, what you need, and how a joint account fits the rest of Sezvo.
To open a joint account, both people must be eligible for an Sezvo account in their own right: of eligible age, resident in a country Sezvo serves, and able to pass identity verification. Sezvo is available across more than 160 countries, and the account is provided by UAB Aušra Pay, a licensed electronic money institution authorised and supervised in Lithuania by the Bank of Lithuania and passporting across the EEA. The shared IBAN is Lithuanian, and the account's BIC/SWIFT is OCENLT22.
Getting started takes minutes. The first holder creates the joint account in the app and sends an invite; the second holder accepts and verifies their identity; and once both are confirmed, the account is live with its shared IBAN, individual cards and shared feed ready to use. From there you can add pots, set up the bills, open a savings vault, and start contributing.
A joint account plugs into everything else Sezvo offers. The shared balance spans 28 currencies, you can send via SEPA Instant, SWIFT and instant internal transfers, and the household can keep personal accounts, commission-free investing, an on-chain self-custodial crypto wallet, business accounts, loans and insurance alongside it. The joint account is simply the part of Sezvo you share — the rest stays yours.
- Two equal holdersNo owner-and-guest hierarchy. Both people have full access to the balance, settings and statements.
- One shared IBANA single Lithuanian IBAN both holders can share for salary, rent and SEPA payments. BIC OCENLT22.
- Individual cardsEach holder gets their own virtual and physical cards — Apple Pay and Google Pay ready — drawing on the shared balance.
- Personal limitsFreeze, set per-transaction and daily caps, and toggle controls on your own card without affecting the other holder.
- Shared feed and alertsEvery payment is labelled by holder, with real-time push notifications you can each tune to taste.
- Bills on autopilotStanding orders and direct debits for rent, utilities and subscriptions, paid from the shared pot.
- Pots and goalsRing-fence rent and bills in named pots, and save toward shared goals together in one place.
- Up to 5.2% AEROpen a savings vault inside the joint account and earn up to 5.2% AER, with interest paid daily.
- Clean exitSettle the balance, move standing orders and close the account from the app, with support on hand 24/7.
Common questions.
- How many people can be on a joint account?
- An Sezvo joint account is held by two people, both equal holders. For larger households, the usual approach is a joint account between the two people who anchor the shared finances, with others contributing by standing order or transfer into the shared IBAN.
- Does my partner need their own Sezvo account?
- Yes. The second holder accepts your invite using their own Sezvo account. If they don't have one, they download the app and complete the same quick onboarding — a few details, an ID document and a liveness check — before they can join.
- Can we each have our own card?
- Yes. Each holder gets their own virtual and physical cards in their own name, all drawing on the shared balance. You can add them to Apple Pay and Google Pay, and each card has its own freeze, limits and controls.
- Can one person spend without the other seeing it?
- No, and that's deliberate. Both holders see the same balance and the same transaction feed, with every payment labelled by who made it. Transparency is the whole point of a joint account.
- Can I set spending limits on a shared account?
- You can set personal limits on your own card — a daily cap, a per-transaction cap, or category toggles. They apply only to your card and don't change what the other holder can spend. Both holders keep full control of the account's settings.
- How do we pay shared bills?
- Set up standing orders for rent and direct debits for utilities, broadband, subscriptions and council tax, all paid from the shared balance. Use pots to ring-fence the money for fixed costs so it's never spent by accident.
- Can we save together?
- Yes. Open a savings vault inside the joint account, set a shared goal, and both of your contributions build up in one place. Eligible savings earn up to 5.2% AER with interest paid daily. Capital held as e-money is safeguarded; investing puts capital at risk.
- What happens if we split up or move out?
- You settle and split the balance, move standing orders and direct debits to your own accounts, and close the joint account from the app. Our 24/7 in-app support can help wind it down responsibly. Once closed, the shared IBAN stops accepting payments.
- Are both of us liable for the account?
- Yes. A joint account is held jointly, so each holder is individually and jointly responsible for it — including any agreed overdrawn position, fees or charges — regardless of who spent the money. Open one only with someone you trust. Full detail is in the account terms.
- Is the money safe?
- Customer funds are safeguarded in line with the rules for electronic money institutions, held separately from Sezvo's own funds. Sezvo is an e-money institution, not a traditional bank, so safeguarding is the primary protection; where the applicable deposit guarantee scheme applies, eligible deposits are protected up to €100,000.
- Who provides the joint account?
- The account is provided by UAB Aušra Pay, a licensed electronic money institution authorised and supervised in Lithuania by the Bank of Lithuania and passporting across the EEA. Accounts use Lithuanian IBANs and the BIC/SWIFT is OCENLT22.
- Can we use it in different currencies?
- Yes. Like every Sezvo account, the joint account is multi-currency — you can hold and spend across 28 currencies from one shared balance, which is handy for couples living between countries or splitting a trip abroad.