We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Closing Bank Account - Deceased Person?
Comments
-
At that point, the poster was referring to being sent a cheque purely on production of the death certificate and the executor's ID (for a small estate).BarclaysManager wrote: »Probate?
Letters of administration?
&c.
Obviously, if probate had been obtained, that would also act as proof that he was the executor.0 -
I was the one who made the original topic for this.... just thought I would add a reply, better late than never... LTSB were helpful, used the death certifcate to close the account, took little more than a week for a cheque to be raised to my dad who then just split the money 50/50 with myself. It was all quite straight forward. Same with National Savings for the ISA's and joint PO Savings they held. The bank to make an error was Natwest!Tänka positiva tankar och att du alltid kan nå dina drömmar…
0 -
If value of accounts is under £5k bank can close them with the death cert and reps id. If value is between £5k and £25k they will fill in the Stat Dec form which you will take away and get your signature witnessed by solicitor or jp. Anything over that amount you will need grant of probate. A copy of the will is not needed.0
-
Is the 25000 the value in the bank accounts or the whole estate, example 15000 in bank house worth 100,000
marion0 -
simon_templar wrote: »If value of accounts is under £5k bank can close them with the death cert and reps id. If value is between £5k and £25k they will fill in the Stat Dec form which you will take away and get your signature witnessed by solicitor or jp. Anything over that amount you will need grant of probate. A copy of the will is not needed.
Halifax/BoS changed the levels, £15k or less we just need ID and a Stat Dec signing. £15k-£20k the Stat Dec needs witnessing by a solicitor or jp. £20k+ Probate is needed.I work for Halifax (a division of Bank of Scotland plc, owned by HBOS plc, owned by Lloyds Banking Group plc). Any comments or views are my personal comments and opinions and not those of my employer. Oh and I might (on the odd occasion) get something wrong, if I do then I do apologise in advance!!0 -
Which takes precedence on closure of a deceased persons bank account in the uk, a will or certficate of death0
-
The Death Certificate is the only bit that proves death.
A lot of us have Wills ...... but prefer to leave the other document for a few decades!If you want to test the depth of the water .........don't use both feet !0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards