The death of a loved 1 is simply a hard moment, which involves not only emotional suffering, but besides having to do many formalities. 1 of the biggest problems families face is access to funds collected in the bank account of the deceased. Do you know that there is simply a way to avoid long-term inheritance proceedings and pay up to PLN 160 thousand? All thanks to the alleged bank records.
Why is access to the deceased's money limited?
After the death of a household member, access to his bank account is mostly impossible or importantly limited. If the account was individual, the funds will be frozen until the succession proceedings are completed. In the case of joint accounts, the co-owner shall have access to only half the funds collected and the remainder shall stay blocked until the succession is resolved.
Such situations can lead to serious financial problems, especially erstwhile the funds in the account were the main origin of household support. Fortunately, there is simply a solution to avoid these complications – a bank record.
What is simply a bank evidence and how does it work?
A bank registration is simply a disposition a bank account holder can issue in the event of his death. According to Article 56 of the Law of 29 August 1997. – Bank law, a individual holding a savings account, a savings and settlement account or a fixed-term deposit may instruct the bank to pay a certain amount of money to persons designated after his death.
Who can usage the bank records?
A bank registration may be made for closest household members, specified as:
- the spouse,
- children,
- parents,
- Grandparents,
- siblings.
What are the pay limits?
The legislator provided that the amount paid on the basis of the bank evidence must not exceed 20 times the average monthly remuneration in the enterprise sector without the payment of prizes from profit. In the first half of March 2025, this amount is about PLN 160 thousand.
Does the bank registry go into decline?
Nope. The amounts paid on the basis of the bank evidence do not fall into the inheritance. This means that they are paid to the indicated persons independently of the succession.
How to make a bank record?
To benefit from this possibility, the account holder must make a written deposit to the bank. It may be amended or cancelled at any time. Where more than 1 disposition is issued, the more crucial is the 1 that was made up later.
Upon the death of the account holder, the bank shall immediately inform the persons afraid of the anticipation of payment. This allows the household to rapidly access money, which is especially crucial in emergency situations.
Summary
Bank registration is an effective tool to avoid problems with access to funds collected in the deceased's account. Thanks to him, the household can pay up to 160 1000 PLN without having to wait for the completion of the succession. If you want to defend your loved ones in case of abrupt death, consider making a bank record.
The information on the website is simply a description of the legal position at the date of publication and is not a legal advice on an individual case. The legal position of publication may change. The law firm is not liable for utilizing an alert to solve legal problems.You have questions or request aid – welcome to contactOh, my God!
Legal basis:
- Article 56 of the Law of 29 August 1997. – Bank law (Journal of Laws of 2024 item 1646)
Read more:
Learn how to pay up to PLN 160 1000 from the deceased's account without inheritance
