What will happen to joint and sole bank accounts? For the vast majority of banks, sole accounts are frozen and closed. Joint accounts are transferred into a sole account, under the name of the living account holder. By Jordan Jiosi|2023-03-18T14:14:19+00:00March 18, 2023|Notify the Banks FAQs| Share This Story, Choose Your Platform! FacebookTwitterRedditLinkedInWhatsAppTumblrPinterestVkXingEmail About the Author: Jordan Jiosi