₦airaland Forum

Gregorian2020:
Are all the local government like this in Kaduna state?
Because you guys like taking the pictures of the capital city of the state leaving the dilapidated areas. Pls OP take us through each local government area of Kaduna not just the capital city. Thank you

Arrewa:
development is going on in those areas.

alizma:
Pls when things like this happen, do us a favour by calling the bank's name in capital letter so that everyone will know which bank in Nigeria to avoid. Intact calling the bank name will help solve your problem than you think.
The idea of keeping things in secret is one of the problems we have in this country. You are more of an accomplice than a victim by keeping the identity of an evil organisation or person in secrecy
Just imagine suffering to save 10m and death struck, some set of thieves will sit under the acc to claim 1m that they didn't work for. Tomorrow they will declare profit as if they are hard working to have make such profit.
Executive arm robbers

peacenaija:
Dear Nairalanders,

Trust we all keeping safe.

I really need clarification from bankers and experienced persons in the house. A friend of my lost her father recently and they have started receiving their father’s entitlement which was paid into the account domiciled with a Nigerian bank operated by the deceased.

However, my friend’s mum lost their dad’s ATM, so they reported to the bank with the death certificate and requested for a new ATM or the money moved to another account but the bank is now asking for a letter of Administration and they will take 10% of the money left in the deceased account.

My grouse is not the letter of administration but the 10% they are asking on another person’s entitlement. Is there any law backing this? How can we go about it because the money is a substantial amount?

I'd appreciate your advice and clarifications. Thanks

Angelfrost:
Under normal circumstances, Messi, Suarez, and other members of Barcelona board are supposed to join in felicitating with the great one...

That's called maturity and healthy rivalry... The proper way to set good examples for generations to come.

oluwafreshkid:
Price 1k? As 1 thousand naira?

NoToPile:
Okay I understand your explanation

What about in the case of a Joint account or even investment bearing Mr X and Mr Y as name of account both are signatories, both their passports and signatures were collected and they both signed when account was opened with mandate that either MR x or Y can sign.

Then Mr X dies , Will Mr Y continue having access to the account despite the fact that Mr X is dead or they will say Mr Y should bring a LOA to access the funds( I am assuming Mr Y is either the spouse , child or relative of Mr X)

CioAngels:
Is your mother alive, she should go to a known lawyer( Femi Falana)and explain your problem. Just pray they have not stolen your father's money has soon as he died, as we hear that is now their stock in-trade.

NoToPile:
So a joint account and someone having an account with another being a cosignatory to that same account are different things.

I thought for you to even be a co signatory it has to be a joint account?

Mrbond310:
Letter of administration is less than 50k, do d right thing

zoezoelogistics:
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.

obonujoker:
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.

GamalNasser:
But if the wife is a Co Signatory to the account it means she also has a stake in the account and it's not an inheritance like the bank is making it seem

zuma4k:
Please fellow nairalanders, I need your opinions on this and if possible front page. It's quite personal and goes like this.
1. Mr Adam (my father) opens a fixed deposit account with X Bank. He subsequently submits his wife's details and makes her a co-signatory to the account with the *express mandate* that upon his demise, his wife exercises automatic access to the account and it's proceeds. Does this amount to a valid contract between him and the bank?.

2. Note that after his death the bank reneged on the primary provision of his directive, stating that a letter of administration must be procured (at an exorbitant cost).
Stated Reasons bothers on the fact that under banking laws and the principles of a valid contract, a contract between a depositor and the bank terminates upon the demise of the individual thus rendering the *mandate* unenforceable and invalid.
Please mods I need this on front page. Thanks.

migeoart:
Personal Weighing Scale Available
For Enquiry or to place order : Call/whatsapp 08065784139

Rilwayne001:
All thanks to Coronavirus, we all know Bayern wouldn't have smelled UCL final on a normal day. Lol.

Nevertheless, congrats to em!

tfash96:
Individual performance goes beyond goal scoring.. Respect the 1 who can do almost everything possible on the field if not everything and I give that to Messix 666

ojaysam25:
Na wa o,every record in the champions league involved Ronaldo....the guy really dominated UCL....

Openbusiness:
Nothing like luck. PSG style of play is adaptive football, they mutate their pattern according to their opponent. Neymar is a big problem for Bayern, he will crash their tikitaka fast paced flow with his slow motion ball handling. He has that old Brazilian skill in him to hold ball from opponent as long as necessary, not by passing it but keeping ball possession with him till he is fouled. More fouls = yellow cards = frustration for Bayern. I no get spare cash but I can bet 3 solar LED lights on that finals , na PST get the UCL title this year. Dey will beat Bayern.

dearygally:
XXL men white short sleeve shirt
1k each..
7pieces available
WARNING!!!
Pls don't bother if you are not XXL
Except you want shirt agbada

Onu07:
Link pls

RomanianNinja:
It's all over.... Barca is gone

Baylam:
2 units of prudent 200ahm battery available.. Battery doesn’t last more than 6hours again if fully charged ..

Mihzwhitesutana:
Hello Mr oluplus

Mihzwhitesutana:
good evening

MrReeseG:
Still available