2 comments on “Estate account: 6 steps to access a dead person’s money in Nigerian bank

Raphael Orji
Oluwaseyi Isaac ADEOYE

Very educative but is this practice of banks requiring the opening of an estate account backed by any law? or is it just a banking policy?

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Raphael Orji

Hello Oluwaseyi, glad to know you found value in this guide.

By default, certain amounts are being paid accross the counter.

However, a particular threshold should go through account, this is why an estate account is necessary, since in practice, certain amounts cannot be paid accross the counter.

It’s strictly a policy thing.

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