Hello
My father passed away and in his will he left everything to my mother. My mother was the executor and she has probate.
She has in her possession a cheque payable to my father "a/c payee only". It's not for a large amount.
So far two banks have refused to lodge the cheque to her account (I sent them copies of everything - probate/will/death cert).
Aside from a statement that it is not their policy to lodge an "a/c payee only" cheque to a different account I cannot get a clear reason for their refusal
My knowledge in this area is very limited but is my mother not the legal owner of these funds?
If my father had an account with these banks I am guessing that the banks would release those funds to her (perhaps I am incorrect) ..... and to me this cheque is simply one step removed from this.
In case you are wondering if we returned the cheque to the sender and ask them to reissue there would be fees to be paid that would put a significant dent in the cheque so keen to avoid that if we can.
Would anyone have any thoughts/suggestions on this.
Thanks everyone.
My father passed away and in his will he left everything to my mother. My mother was the executor and she has probate.
She has in her possession a cheque payable to my father "a/c payee only". It's not for a large amount.
So far two banks have refused to lodge the cheque to her account (I sent them copies of everything - probate/will/death cert).
Aside from a statement that it is not their policy to lodge an "a/c payee only" cheque to a different account I cannot get a clear reason for their refusal
My knowledge in this area is very limited but is my mother not the legal owner of these funds?
If my father had an account with these banks I am guessing that the banks would release those funds to her (perhaps I am incorrect) ..... and to me this cheque is simply one step removed from this.
In case you are wondering if we returned the cheque to the sender and ask them to reissue there would be fees to be paid that would put a significant dent in the cheque so keen to avoid that if we can.
Would anyone have any thoughts/suggestions on this.
Thanks everyone.