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Afterlife banking

Ogre_De_Flamme
Posts: 98 Forumite


Can any forumites with direct experience tell all what happens when a bank is supplied with an account holders death certificate dated before that last non recurring debit transaction on the current account statement. How did the bank react ?
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Comments
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The bank should immediatly cancel any payment instructions upon receipt of death certificate for future payments. They cant do anything for those that have occurred between death and supply of certificate.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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Banks can do a lot for you but not turn back time.
A bank can only act upon receipt of the death certificate - anything else that has gone in or out of the account beforehand has gone even if the customer has died.0
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