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1 Bank of Bahrain and Kuwait B S C Settlement of Claims of Deceased Depositors 1. Expeditious settlement of claims of the nominee / legal heirs of the deceased depositors avoids considerable hardship,
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What is deceased customers policy accounts?
Deceased customers policy accounts refers to financial accounts of customers who have passed away.
Who is required to file deceased customers policy accounts?
The financial institution where the deceased customer held accounts is required to file deceased customers policy accounts.
How to fill out deceased customers policy accounts?
Deceased customers policy accounts can be filled out by providing relevant information about the deceased customer and their accounts.
What is the purpose of deceased customers policy accounts?
The purpose of deceased customers policy accounts is to ensure proper handling and distribution of the deceased customer's assets.
What information must be reported on deceased customers policy accounts?
Information such as the name of the deceased customer, account numbers, and details of the assets must be reported on deceased customers policy accounts.
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