Can money be withdrawn using a power of attorney? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Can money be withdrawn using a power of attorney?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

It's possible if the power of attorney is valid and covers withdrawals, and the bank accepts it.

The agent must provide their ID and an original/certified copy as required.

The power of attorney cannot be used after the principal's death.

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