What happens to the account when its owner dies?

Upon the death of the account holder, the bank suspends normal transactions on the account after officially notifying the bank of the death and begins the process of disposing of the estate and heirs according to legal procedures.

Key points

• Do not use the deceased's card, internet banking, or any previous power of attorney after the death.

• The heirs can legally deal with the bank after preparing the death certificate, inheritance certificate, and any other documents required by the bank.

Source

• Central Bank of Egypt — Know Your Rights