Legal Question in Banking Law in India

My friend r three sisters one is in Canada her father passed away they have fd without any nominee. Bank want them all three to be present to get f2f. Is there any other option to get that.


Asked on 12/29/16, 4:19 am

1 Answer from Attorneys
Fca Prashant Chavan Expert Edge LLP

29.12.2016

Dear Sir / Madam,

You may inform your friend to rely on his / her deceased father's Will and courier his / her deceased father's Fixed Deposit (FD) receipt along with his / her father's Death Certificate with covering letter addressed to the Branch Manager of the Bank to Canada for signature. Once it comes, the two other sisters of your friend should also sign alongside and submit it to the Bank. Should the Bank disagree and inform your friend to get your father Succession Certificate, simply tell your friend that the expenses thereon will be shared by both the Bank and the three sisters.

Regards,

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Answered on 12/29/16, 10:03 am


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