Automatically frozen until the procedures to claim are done?
How would the banks know that I'm dead ? JPN send them a letter ? Automatic database ?

That's my question la, note the question mark

They are presumed and declared death in absentia . Dead cert issued and all , the bank has to follow

This post has been edited by jfleong: Sep 2 2017, 10:38 AM

Did they go through the legal process of marriage ? If yes just get a replacement cert
If they weren't legally married , they have only conducted a wedding, then their marriage is not recognised

Did TVB also educate you that HK law is not the same as Msia law ? Have we ever had such a situation before ?

Deducted from your estate
For example if you have a house (fully paid) worth 600k but you also have other debts of 300k , and no cash remaining.
The bank will auction the house , the money raised will be used to offset the debt before being divided according to will

If the net value is negative, next of kin no need to pay, bank will write off

This post has been edited by jfleong: Oct 13 2018, 03:36 PM