Can I add beneficiaries when opening an account?
No, beneficiaries cannot be designated during the account opening process. You can add beneficiaries after your account is opened by submitting a request through Secure Forms in Online Banking or the Mobile App.
Can I add beneficiaries to all account types?
Beneficiaries can be added to most deposit accounts, including checking, savings, money market, and CDs.
Is there a fee to add or change a beneficiary?
No, Quontic does not charge any fees for adding, changing, or removing beneficiaries.
I am a beneficiary and the account owner has passed away. What should I do?
If you are a beneficiary and the account owner has passed: Send the following documents to Quontic Bank:
Can account owners be added as beneficiaries?
No, account owners cannot be listed as beneficiaries.
Where can I view my listed beneficiaries?
For checking, savings, or money market accounts, beneficiaries will appear on your monthly statement under Accounts > View Statements. Please allow one full statement cycle for changes to reflect. For CD accounts, you will receive a confirmation message in your Online Banking Message Center when a beneficiary is added or removed.