Hi, I have questions about the payout from a life insurance policy. So my late bro had a life insurance policy with AIA and the named beneficiaries are his 3 kids, but only 1 kid has a Msian IC with a local bank account, and the other 2 have become Australian citizens and dont have a local bank account.

Will the insurance company:
Q1) pay the whole amount to the one local bank account since they are siblings?
Q2) or can they pay to their Australian bank accounts? what documentation is reqd?

Hope someone can help! Thanks

This post has been edited by Worktodohelp: Feb 7 2024, 01:30 PM