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Opinions Needed: Do Banks Ever Contact One's Next Of Kin? - Business - Nairaland

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Opinions Needed: Do Banks Ever Contact One's Next Of Kin? by Stephenomozzy(m): 9:44am On Oct 03, 2020
Okay House,

I've been wondering about the subject above. There are some of us who have multiple bank accounts for different reasons and there are some of them we don't exactly disclose its existence to closest family members or partner(s) (for different reasons too grin); now in the advent of the inevitable transition into ...................... (wherever you believe we go to); is there something of a legal document or standing order one can give to one's bank to contact YOU FIRST and then YOUR NEXT OF KIN if there is prolonged inactivity on the said bank account?

*Or is there any clause in the terms and condition that says your money can be claimed by the bank if you or your kin don't come to claim it?

Submissions from anyone with experience (banking and/or legal) will be highly appreciated.

Chief Seun , Lalasticlala , Mynd44 , and you reading
Re: Opinions Needed: Do Banks Ever Contact One's Next Of Kin? by Prechgold1180(m): 9:46am On Oct 03, 2020
wink Free
Re: Opinions Needed: Do Banks Ever Contact One's Next Of Kin? by LawLab247: 10:27am On Oct 03, 2020
Dunno
Re: Opinions Needed: Do Banks Ever Contact One's Next Of Kin? by Mide3367: 5:34pm On Oct 03, 2020
No idea

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