The loss of a loved one is never an easy moment to overcome, and if the person was a bread winner to the family, the situation is even tougher. Families that depend on funds sourced off an account could find a hard time dong so during such moments with a lot of certainty needed to prove the rightful beneficiaries.
There are always initiatives in place to claim funds off a dead person’s account – if you are sure of the availability of the money on the account and know of the account details.
In most cases, when one opens up an account, there is a next of kin registered in the system to take charge in case the holder is not present. However, if there is a need to access an account balance left in a time of demise, a procedure is in place to guide you on how to.
You are required to visit the branch where the deceased held the account with necessary documents for the bank officials at the branch to guide you further.
The documents include Letters of administration from the administrator general, the death certificate, an affidavit, a valid ID, 2 passport size photos and a verification fee to open an estate account to access the deceased’s funds. The verification fee could vary depending on the bank.
Also Read: How to retrieve mobile money off a deceased person’s account
You can also retrieve money from the dead persons account. Precisely, you need to be a next of kin or benefactor of the deceased and there must be proof to this.
You need to contact the local authorities for the death certificate, a letter of administration confirming you as the go-to person on matters of the deceased, and a valid national ID to identify you as related to the deceased.
