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What Happens To A Deceased Funds Lying In The Bank - Nairaland / General - Nairaland

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What Happens To A Deceased Funds Lying In The Bank by NamelessOGBENI(m): 8:22am On May 15
Morning Nairalanders....

I just lost my uncle some years ago now he has an account with Bank Z until his demise. Few years after, I now happen to work with the Customer Service Unit of the said bank, along the line, I discovered that the account was operational with funds still coming in on a annual basis. Now that's not the problem, the poser on mind is for how long with that funds remain in the account?

Kindly help a lost brother..
Re: What Happens To A Deceased Funds Lying In The Bank by Amotolongbo(f): 8:25am On May 15
NamelessOGBENI:
Morning my dear Nairalanders....

I just lost my uncle some years ago now he has an account with Bank Z until his demise. Few years after, I now happen to work with the Customer Service Unit of said bank, along the line, I discovered that the account was operational with funds still coming in on a yearly basis. Now that's not the problem, the poser on mind is for how long with that funds remain in the account?

Kindly help a lost brother..
That is the handwork if the bank manager.

They trade with the money for a while and when they discover that no “next of kin” or immediate family member comes to request or facilitate the process of withdrawing the money, they “lift” it into another account(bank manager’s account? I no know o grin)

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Re: What Happens To A Deceased Funds Lying In The Bank by NamelessOGBENI(m): 8:41am On May 15
Amotolongbo:
That is the handwork if the bank manager.

They trade with the money for a while and when they discover that no “next of kin” or immediate family member comes to request or facilitate the process of withdrawing the money, they “lift” it into another account(bank manager’s account? I no know o grin)
Interesting...

I used to have this POV but local man cannot can't what to believe anymore
Re: What Happens To A Deceased Funds Lying In The Bank by Skyfornia(m): 8:45am On May 15
cool You work in the bank...you should know better

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