Associate originally telling story that several may draw on? (5,7)

I believe the answer is:

joint account

'that several may draw on?' is the definition.
(account more than one person can draw money from)

'associate originally telling story' is the wordplay.
'associate' becomes 'join' (join can mean to associate or connect).
'originally' indicates taking the first letters.
'story' becomes 'account' (synonyms).
The first letter of 'telling' is 't'.
'join'+'t'+'account'='JOINT ACCOUNT'

(Another definition for joint account that I've seen is " In which both can save".)

I've seen this clue in The Times.

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