What happens to a certificate after the death of its owner?

The certificate remains a financial asset within the estate.

Key points

• After the heirs are identified, the bank determines whether it can continue to mature or be broken according to the terms.

• Before breaking it, request two figures: the value of the certificate if you wait, and the net amount that will be disbursed if you break it now.

Source

• Central Bank of Egypt — Know Your Rights