Skip to content
BOL Conferences
Learn More - Click Here!

Thread Options
#1913934 - 04/11/14 07:00 PM POD Accounts
CSB98 Offline
Diamond Poster
Joined: Dec 2003
Posts: 1,337
Wisconsin
Upon death of the customer, is there any requirement that the bank try to contact the POD beneficiary? We have a name but no contact info and the customer has been deceased for 6 months.

Return to Top
#1933308 - 06/17/14 06:55 PM Re: POD Accounts CSB98
cwg Offline
Junior Member
Joined: Aug 2006
Posts: 48
South Central Wisconsin
Follow the same procedures you use for dormant accounts. You should make an attempt once a year to find the owner of the account. One way is to look on WCCA court system for the estate of the deceased. Normally the personal rep will know of the person.

Charlie
_________________________
Regulations make more sense when you are not sober.

Return to Top
#1959852 - 09/05/14 08:00 PM Re: POD Accounts CSB98
Compli(cated) Offline
100 Club
Joined: Mar 2011
Posts: 185
Wisconsin
Not a bad idea, but I don't believe this is a requirement.
_________________________
Opinions are my own.
"I was gratified to be able to answer promptly. I said I don't know." - Mark Twain

Return to Top