Traditional Culture Encyclopedia - Photography major - Can bank deposits be withdrawn after death?

Can bank deposits be withdrawn after death?

After the depositor dies, the heirs must provide valid proof of their legal inheritance rights to the bank in order to withdraw the deposit. If there are multiple legal heirs, but there is no dispute over the division of the deceased's deposits, or there is only one heir, then the heir can apply for a inheritance certificate at the local notary office with the deposit receipt, valid ID, and depositor's death certificate. After investigation and review by the notary office, if the conditions for issuance of the certificate are met, the notary office will issue a certificate of inheritance. The bank will handle deposit payment or transfer procedures for the legal heir of the deposit based on the inheritance certificate. If multiple legal heirs dispute the inheritance rights of the deposit, they cannot apply for a certificate of inheritance from the notary office, but can only file a lawsuit with the People's Court, and the court will make a ruling on the ownership of the inheritance rights of the deceased's deposits and the share of each heir. After the judgment takes effect, the legal heir of the deposit can go to the bank to handle deposit withdrawal or transfer procedures with the court's judgment document.