What happens to my bank account when I die ? 
Sep 2 2017, 09:38 AM
QUOTE(Sycamore @ Sep 2 2017, 09:13 AM)
When you are dead, your family are needed to submit back your IC to JPN in order to issue Death Certificate.
Once your IC is submitted, JPN will issue notification to Bank Negara to freeze your accounts in their database, and Bank Negara in turn will issue orders to respective banks to freeze all your accounts.
Same goes to your assets. Jabatan Tanah will be notified and your assets will be frozen.
No la. Once your IC is submitted, JPN will issue notification to Bank Negara to freeze your accounts in their database, and Bank Negara in turn will issue orders to respective banks to freeze all your accounts.
Same goes to your assets. Jabatan Tanah will be notified and your assets will be frozen.
Next of kin will have to do it manually. Go to every bank where the acc was opened n show the cert to close the acc. If they know the atm pin most dont bother do it. Just take out the money thru atm if just small amount.
Only if big amount they need to follow procedure. Fill up a form n put down the acc they wish the money to be transferred too. Need to wait a week or so for the acc to be closed n transferred.
This post has been edited by silent_stalker: Sep 2 2017, 09:39 AM
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