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Inform banks about a death with one form and much less stress

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A new service has been launched that will allow friends and family to notify banks and other financial institutions of the death of an individual and just use one form, this service is provided by ‘The death notification service’ this has been set up by trade association UK finance and the major banks.

The aim of this is to make it quicker and easier for anyone who has suffered a bereavement to notify banks and building societies in one easy step rather than going from bank to bank and having to go through the same upsetting process with each one individually.

Once the bank or financial services company has been notified they will then be in contact to discuss the next steps.

The service can be used by ansl executor. You will have an ID check done on you through Experian, but they will not put a mark on your credit file, and your details will not be passed on.

To notify of a death you can go to – https://www.deathnotificationservice.co.uk/

Complete the online form and put in details of the firms the deceased individual had accounts with, the relevant firms will then be notified.

The Government also offer a ‘tell us once’ service which will notify other organisations on your behalf in relation to council and benefits for example.

You can access this here – https://www.gov.uk/after-a-death/organisations-you-need-to-contact-and-tell-us-once

If you would like to read the full article click here – https://www.moneysavingexpert.com/news/2018/06/new-service-lets-you-tell-several-banks-about-a-death-with-one-form/


Baggette & Company Wealth Management Limited is registered in England & Wales no. 7138035. Registered Office at North House, Braeside Business Park, Sterte Avenue West, Poole, Dorset, BH15 2BX. Baggette & Company Wealth Management Limited is authorised and regulated by the Financial Conduct Authority no. 522193. The Financial Conduct Authority does not regulate Tax planning, Estate planning, Inheritance Tax Planning or Trusts and Will writing.

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