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Nairaland Forum / Nairaland / General / Business / Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! (44267 Views)
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Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by ozoneboy(m): 5:25pm On Sep 01, 2020 |
zuma4k: Yes the are right,if someone dies,all his properties becomes that of federal government,until any of the beneficiaries presents letter of administration which is a way federal government gives back the property to the beneficiaries. |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by oluplus(m): 5:26pm On Sep 01, 2020 |
zuma4k: Letter of Administration is not that expensive, with less than 2k, you will get. If the account was opened in Mr. Adams'name and not as a joint account, then the bank is right. Your mum is a co-signatory to the account, not the owner of the account. There must be transfer of ownership after the demise of your Dad. |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by 9ty4our: 5:29pm On Sep 01, 2020 |
Don't waste your time. You need to get the Letter of Administration (L.A) not from the bank but from the court.. (Its a process) the court will charge you a fee which would be calculated base on percentage from the monies found make sure all your dad's account in all the banks are included. You such find a lawyer who has your family's interest at heart.. Go to a magistrate court tell them you want to obtain the L.A. They will tell you the procedures.. Note this the bank wish you guys never came for the money and will do amything to frustrate you guys. |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by oluplus(m): 5:30pm On Sep 01, 2020 |
GamalNasser: A co-signatory is not the same as account owner. Do you know you can open a saving account in your name and also introduce your spouse to be a signatory to the account. She can sign according to the account mandate, but that does not make her account owner. Account will be closed once the owner of the account dies. It is not a joint account. 1 Like 1 Share |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by obonujoker(m): 5:32pm On Sep 01, 2020 |
daddytime: Wrong. Letter of Administration is only needed when you want to continue using the account of your late Dad. What's required to remove the funds is death certificate and iD card of his next of kin. All the amount will be given to the next of kin, and the account will be closed forever. |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by zoezoelogistics(m): 5:32pm On Sep 01, 2020 |
Let me give a suggestion that has always worked for me. Do a very detailed mail, get all necessary facts and figure stated in the mail, including the amount deposited, the cost of the letter of administration and every single document that is necessary to help you push fight your cash. See yourself as a lawyer who needs to defend a client. Ensure you state your disappointment, position and expectation based on the written request of your late dad. Be very sure to appeal to their emotional conscience. Ensure you copy the following: The account officer, the customer service, the branch manager where the account is domiciled, and then most importantly cbn and consumer protection. You can get all these necessary cbn addresses through a thorough google search. Also ensure you put a line of threat to wmbark of social media de marketing campaign aimed at exposing their various nefarious acts you have painstakingly documented from family and friends. Let them know, the pains brought about by your loss is enough, they should not compound it through this act you see as evil and callous. Be sure to get a response in less than 48 hrs. All the best. |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by Oracleforce: 5:34pm On Sep 01, 2020 |
zuma4k: OP.. .dont waste your money on a lawyer (Liars)/they will eat your money and you still do what the law says you should do by providing a letter of administration.... Letter of Administration is not difficult to get...with this letter, you can have access to all your late daddy estate and collect it.... Don't waste your time, effort, and money... |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by publicattorneys: 5:39pm On Sep 01, 2020 |
Let's chat privately. I'm a probate practitioner as a lawyer. You can call me on: 07033964033 |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by Mrbond310: 5:40pm On Sep 01, 2020 |
Letter of administration is less than 50k, do d right thing |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by Chris2863(m): 5:41pm On Sep 01, 2020 |
with this one, you are loosing the case plus jail term Officialgarri: |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by Chris2863(m): 5:42pm On Sep 01, 2020 |
Mindlog:Hahahahahahaha, he needs a native doctor or a cultist to go and threaten them |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by Fheelzz(m): 5:42pm On Sep 01, 2020 |
Sure eniolaamos7: |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by Fheelzz(m): 5:43pm On Sep 01, 2020 |
YNWA Deborah98: |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by Chris2863(m): 5:44pm On Sep 01, 2020 |
Adakintroy:Off point, we are talking about something important not this. Find a chair and sit down |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by sharone21(f): 5:44pm On Sep 01, 2020 |
RonaldoVido: You're correct. That is why ATM card+ sim card attached to accounts should be safeguarded. The account owner must ensure they keep all pins written out in a notebook and kept safely. He or She must not be too secretive. |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by Fheelzz(m): 5:44pm On Sep 01, 2020 |
As in ehh Temmylee01: |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by Aarenaija: 5:45pm On Sep 01, 2020 |
Do your father had a will? If no, letter of administration would be necessary. And if he dies, you don't need any letter of administration. On the part that a mandate was left that at his demise the wife should be in charge of the account, and being a signatory if it is true, that is not ambiguous but do you have proves? If yes, get a lawyer, provide him with the evidences and then follow his advice. (A good lawyer o) |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by Ladycewhy(f): 5:47pm On Sep 01, 2020 |
Ade3131:please I have a question, is there any way a customer can leave a mandate such that upon the demise of a customer the co-signatory can still have access to the account without having to present letter of administration. |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by adisabarber(m): 5:47pm On Sep 01, 2020 |
My grandma made my mum a signatory to her account and made the account "any 1 can sign". She also left many signed blank cheques with my mum. There is no money in her account again but the bank doesn't even know she's dead. zuma4k: |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by adanny01(m): 5:50pm On Sep 01, 2020 |
daddytime: You sound like a banker but deliberately do not want to see the point of view. Op said the wife was made co-signatory not next of kin. You should know the difference. It makes the fix deposit a joint account. 1 Like |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by Jaapu: 5:52pm On Sep 01, 2020 |
GreenArrow1: And those shouting lawyer upandan....lawyer self go chop their own. 1 Like |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by luluman: 5:53pm On Sep 01, 2020 |
zuma4k:Na You need a LAWYER not nairaland |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by sharone21(f): 5:54pm On Sep 01, 2020 |
Gaddafi1: You're very correct. The Op does not need to inform the bank so it does not clamp down on the account if he has daddy's ATM + sim card. That is why I fear insurance or pension funds unless my company OPENS it for me as I like my family to avoid unnecessary bureaucracies. |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by luluman: 5:55pm On Sep 01, 2020 |
zuma4k:The non routine advice is use the law against them |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by Nobody: 5:55pm On Sep 01, 2020 |
zuma4k: Go and do what the bank said..... lawyer will just chop your money.... once the owner of the money is deceased... the law of land and the bank policy superceeds whatever your father wrote..... They are trying to protect themselves too |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by luluman: 5:56pm On Sep 01, 2020 |
Officialgarri:L.o.l With this lawyer,him papa money, & mama & his own don go for ever |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by timocruzcmbb(m): 5:58pm On Sep 01, 2020 |
Kindly go and do a letter of administration,it is not expensive,it will only take time,if you are in Lagos you can do your later of admistration in high court ikeja old secretarial,don’t make use of a lawyer because he will take some percentage from the money,your and your siblings can do it alone by yourself,it is. It hard,it take between 3 to 8 months before the letter of administration will be out,after then you will take the letter of administration to the bank and the bank will open a bank account for you and those at the next of kings in the bank and he money will be disbursed to them according to the agreement y’all decide.the letter of administration is a process,that’s while it will take his long,and the name of your dad will be out in ye newspaper too.#note:is it only the letter of administration you can use to claim all your dads benefit from the government.and personal company he do with anyone. |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by Ade3131: 6:02pm On Sep 01, 2020 |
Ladycewhy: I doubt there's any means to beat that for now. But the best I can advise is to make your mandate "Any to sign." In the case of the OP, the best form of instruction will be to have multiple signatories and make it 'ONLY A TO SIGN OR B AND C MUST SIGN IN PLACE OF A.' In the case of such mandate instruction, A will be the Dad then B and C can be the wife and their family head or first child/son. With that, there won't be anyone asking for Letter of Administration bcuz they won't even disclose his death to the bank provided B and C have agreed to sign. |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by SolicitorLawyer: 6:02pm On Sep 01, 2020 |
zuma4k: Yes, you still need a letter of administration except your father has WILL. And letter of administration is not as expensive as you've said here. You can chat me up for advice. |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by badoh(m): 6:05pm On Sep 01, 2020 |
westlius:Some of you just like attaching emotions to issues on something you lack knowledge of. Do you think everything is about threat of social media. See let me tell you, the Bank is absolutely right in their decision. Letter of Administration will suffice in this case. You need to sit down and learn from expert in the field in order to be well informed of the requirements. |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by adanny01(m): 6:06pm On Sep 01, 2020 |
alfajohn: Yours is the 1st reasonable post after the op. Everyone thinks the wife was made next-of kin but op said co signatory. In this case, we don't know if both signatures are required or one. If both are required, the LoA is the way to go but if one signature is required then LoA is not required. The bank knows the difference but may not divulge if they have an interest. As a co-signatory, the wife can get full details of the account and meet a lawyer to shake the up a little. If there is any truth to what they are saying, it will come out. 1 Like 1 Share |
Re: Nigerian Bank Disobeying My Late Father's Directive. PLEASE HELP!!! by Ladycewhy(f): 6:08pm On Sep 01, 2020 |
Ade3131:thanks for the info. 1 Like |
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