- 1). Review business loans or credit accounts bearing the name of the person you wish removed. Contact the creditor to negotiate removal of a name from the account. To accomplish this, the bank must recognize you as a primary account holder or owner of the business. The bank may require additional collateral before removing the name or require the account paid in full.
- 2). Follow terms of the negotiated agreement to remove the name. Pay all or part of the balance or put up additional collateral such as real estate or a personal retirement savings account.
- 3). Call the bank and contact customer service to remove an authorized signer on a checking or savings account. Tell the bank you wish to remove a name from the account and follow instructions for following up in writing. Or visit a bank branch with the person to be removed from the account. Show identification as you complete the task with the help of a customer service representative.
Source...