Next Of Kin Can’t Access Funds After Account Owners’ Death. What Is Your Reactio - Family - Nairaland
Nairaland Forum / Nairaland / General / Family / Next Of Kin Can’t Access Funds After Account Owners’ Death. What Is Your Reactio (271 Views)
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| Next Of Kin Can’t Access Funds After Account Owners’ Death. What Is Your Reactio by DataDash: 10:36pm On Mar 31 |
Next Of Kin Can’t Access Funds After Account Owners’ Death. What Is Your Reaction To This?
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| Re: Next Of Kin Can’t Access Funds After Account Owners’ Death. What Is Your Reactio by immortalcrown(m): 10:38pm On Mar 31 |
The account owner died without signing Payable on Death (POD). |
| Re: Next Of Kin Can’t Access Funds After Account Owners’ Death. What Is Your Reactio by lifeproperties(m): 10:38pm On Mar 31 |
There must be.a clause that is yet know to us, but I guess it must be from the deceased |
| Re: Next Of Kin Can’t Access Funds After Account Owners’ Death. What Is Your Reactio by lifeproperties(m): 10:39pm On Mar 31 |
immortalcrown:that is true, POD must be the reason why, they need to get a lawyer to help out on this kind of situation. |
| Re: Next Of Kin Can’t Access Funds After Account Owners’ Death. What Is Your Reactio by Jogs1900: 10:42pm On Mar 31 |
lifeproperties:There is nothing like POD in Nigeria banks...The only way the next of.kin can access a deceased fund in the bank is via letter of administration or through the administrator general of the state. 1 Like |
| Re: Next Of Kin Can’t Access Funds After Account Owners’ Death. What Is Your Reactio by Samesame247: 12:45am On Apr 01 |
You need to reason the state of Nigeria to know that the banks are worse than the politicians. The only way a next of kin can have access to their deceased bank account is for the deceased to have made his ATM pin and app password known to his loved ones. Other than that, Nigeria must happen 1 Like |
| Re: Next Of Kin Can’t Access Funds After Account Owners’ Death. What Is Your Reactio by Veecruz: 1:32am On Apr 01 |
This is where you.see that both government and banks are theives and that they were lyig and deceiving everyone when they said they would honour NOK. |
| Re: Next Of Kin Can’t Access Funds After Account Owners’ Death. What Is Your Reactio by Truvelisback(m): 6:24am On Apr 01 |
Samesame247:You have a point. In a situation where the person uses with drawer's slip, what do you do? |
| Re: Next Of Kin Can’t Access Funds After Account Owners’ Death. What Is Your Reactio by Samesame247: 6:28am On Apr 01 |
Truvelisback: Withdrawal slip in this dispensation?! I believe the person must have ATM/ bank app or both. |
| Re: Next Of Kin Can’t Access Funds After Account Owners’ Death. What Is Your Reactio by Truvelisback(m): 6:35am On Apr 01 |
Samesame247:Some elderly people do use withdrawal slip. Anyway, bank app is a good idea but in a case where the ATM has expired I don't think there would be a way out. As for the bank app, it is easier. 1 Like |
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