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Tag Archives: #Mext-of-kin

Next-of-Kin Do not Automatically Inherit Account Of Deceased – BoG

To inherit or access a deceased customer’s account, one must be named as a beneficiary in the deceased’s Will, BOG claims

To inherit or access a deceased customer’s account, one must be named as a beneficiary in the deceased’s Will, BOG claims. Furthermore, a court of competent jurisdiction must issue Letters of Probate to empower the beneficiary to access the account. The Bank of Ghana (BoG) has clarified that being named …

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