Joint Ownership You may purchase State Savings Products as joint applicants (maximum two holders) and hold these Products as Joint owners, subject to Terms and Conditions. All correspondence in relation to a Product held by Joint Holders will be sent to the first named Joint Holder listed on the Application Form, unless otherwise instructed by you. Maximum Holdings Limits A holding held jointly is equally divided between the joint holders and counted as part of the individual limits which apply to individual holders. If you have already reached your individual limit a joint application with another person cannot be accepted even if they have not reached their holding limit. The following are the individual Holding Limits in place for Fixed Term Products and Prize Bonds: The Maximum Holding Limit in Prize Bonds for newly registered customers on or after 1 November 2015 is €250,000 per individual, regardless of whether you hold Prize Bonds as a Sole Holder or a Joint Holder. The Maximum Holding Limit in individual issues of Savings Bonds, Savings Certificates or National Solidarity Bonds is €120,000 per individual, regardless of whether you hold as a Sole Holder or a Joint Holder. Note where Prize Bonds or Fixed Term Products are held jointly both registered holders will need to sign any transaction or requests relating to the joint holding. Post Office Savings Bank (POSB) Deposit Accounts The maximum overall limit for Post Office Savings Bank (POSB) Deposit Accounts is €250,000 per individual customer. For non-individuals, the maximum overall limit is €5,000,000. Deceased Cases – State Savings Products If a Joint Holder dies, the value of the holding passes to the surviving Joint Holder. No part of that holding will go to the estate of the deceased party.