Interest on Deceased Depositor Account

PPB Operational Aspects of Deposit Accounts Free JAIIB Capsule 22 views Updated
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PPB · Operational Aspects of Deposit Accounts
How is interest paid on a term deposit when the depositor dies before maturity, but the claim is settled after maturity?
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How is interest paid on a term deposit when the depositor dies before maturity, but the claim is settled after maturity?

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This capsule covers Principles & Practices of Banking, Operational Aspects of Deposit Accounts. Members get the complete explanation plus every other premium capsule, mock test and PDF.

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