Nationwide Account Probate?

Leslie999

flossy_splodge wrote: »

This is not so.
I have actually been able to access funds in these circumstances.

Sadly, so was my stepfather. The day before my mothers funeral he cleared all her accounts with various financial institutions and the limit for each company was greatly exceeded.
The institutions have since lied about doing this.
The financial ombudsman
have been asked to investigate....

dalserf

Santander insist on probate for anything over £15,000 even when there is a will and estate is passing to surviving spouse.

Leslie999

The first person to get their will to the office and have it stamped is given the legal position of executor, even if they lie on the form to get the executors hip privilege.
Having obtained probate / Confirmation , despite lies, the 'legal' executor can then take the money from Santander, and most other financial institutions.
If an interdict is then put on the deceased's estate to 'stop' the executor taking any funds from the estate, Santander and all other financial institutions will ignore it and still allow the executor to remove funds from the estate .
If you then complain about a financial institution allowing the 'legal' executor to take funds from accounts which have an interdict on them, the Financial Ombudsman will tell you the only person who can make a complaint about money being taken from accounts which have an interdict on them is the executor, who is the same person who is removing the funds they have a legal obligation not to remove.
Yet another 'legal obligation' of an executor for which there is no legal remedy accessible...
When are our banks going to stop helping executors to break the law ?
Where is the duty of care to the deceased ?
Or is it , 'no profit so don't care' ...
It is too easy to steal from a deceased's estate....
And our laws and the banks help make it too easy ...
Please banks , take more responsibility for the customer who was loyal to you in life...

Barter

Hi,

This may be too late for the OP; I've only just come to this forum/thread. I've just lost my husband and have been dealing with various banks. All of them have been fine, moved my husband's money into my account on sight of the death certificate: in some cases amounts of money that I was convinced would need probate!

Nationwide were the only one that, to release about £15K, wanted an oath swearing before a solicitor/commissioner for oaths. I just went into the 1st solicitor's office I came to in the town centre, said what I wanted & asked how much. £5 was the total; a young solicitor popped down the stairs, did the deed & I took the form back to Nationwide.

If this info. is too late for the OP, hopefully it'll help anyone else in similar circumstances.

AMILLIONDOLLARS

Barter wrote: »

Hi,

This may be too late for the OP; I've only just come to this forum/thread. I've just lost my husband and have been dealing with various banks. All of them have been fine, moved my husband's money into my account on sight of the death certificate: in some cases amounts of money that I was convinced would need probate!

Nationwide were the only one that, to release about £15K, wanted an oath swearing before a solicitor/commissioner for oaths. I just went into the 1st solicitor's office I came to in the town centre, said what I wanted & asked how much. £5 was the total; a young solicitor popped down the stairs, did the deed & I took the form back to Nationwide.

If this info. is too late for the OP, hopefully it'll help anyone else in similar circumstances.

My thoughts are with you, a year this month since I lost mine. Take it one step at a time.

AMD

Mrs_Supersaver_1

Barter I'm very sorry for your loss.
I gave exactly the same information as you on 17 August, 2nd post to thread.

John_Pierpoint

If you think "Nationwide" are sticklers for the rules, just try JP Morgan.
This American bank seems to think that an embossed probate certificate, backed by the high Court of England, is not good enough.
The executor is expected to run round the town getting copies of all documentation certified and stamped by a practising lawyer/accountant/bank manager etc. I suppose that means JP Moron does not have to return the paperwork to the executor?.

Does it take one to recognise one?

http://qz.com/134534/jp-morgan-is-spending-more-on-fines-and-lawyers-than-on-employee-salaries/

CaptainAmerica

Barclays rules for releasing funds are as follows:-

Up to 5k - death certificate and some form of ID

Between 5k and 15k requires a statutory declaration signed by a solicitor.

15k+ requires Grant of Probate or Letters of Administration.