Balance of monies in Wise Ltd (formerly Transfer Wise) upon death

areeroper

I am British and hold a sizeable amount of money in Wise Ltd in the UK.  I transfer money when required, usually once a month, to my bank account in Thailand.

As I am resident in Thailand and have no family members in the UK and therefore no Will, how would Wise Ltd (financial company) know of my passing or would the accunt remain open indefinitely?

I guess the same question would apply if I held a UK bank account.

Any help would be appreciated.

areeroper

areeroper said:

I am British and hold a sizeable amount of money in Wise Ltd in the UK.  I transfer money when required, usually once a month, to my bank account in Thailand.

As I am resident in Thailand and have no family members in the UK and therefore no Will, how would Wise Ltd (financial company) know of my passing or would the accunt remain open indefinitely?

I guess the same question would apply if I held a UK bank account.

Any help would be appreciated.

Or, I would guess the account would be classed as a dormant account over a certain period of time.