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Closing Bank Account - Deceased Person?

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Comments

  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    Probate?

    Letters of administration?

    &c.
    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).

    Obviously, if probate had been obtained, that would also act as proof that he was the executor.
  • msmoose
    msmoose Posts: 52 Forumite
    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… :p
  • 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.
  • kittykat8
    kittykat8 Posts: 26 Forumite
    Is the 25000 the value in the bank accounts or the whole estate, example 15000 in bank house worth 100,000

    marion
  • 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!!
  • cjwilson65
    cjwilson65 Posts: 1 Newbie
    edited 29 November 2011 at 11:17AM
    Which takes precedence on closure of a deceased persons bank account in the uk, a will or certficate of death
  • Mikeyorks
    Mikeyorks Posts: 10,377 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    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 !
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