How to close a FNB account after a death in South Africa
Step-by-step guide to notifying FNB of a death, freezing the deceased's accounts, lodging the required documents and unlocking funds for the estate. Includes FNB's deceased-estates contact details.
When a FNB customer dies, their cheque, savings, credit-card and home-loan accounts must all be reported to the bank's deceased-estates department. Until the bank is formally notified, debit orders continue to run and salary credits remain in limbo.
FNB runs a dedicated deceased-estates team in South Africa. The fastest route is to call 087 736 7853 or email estatesadmin@fnb.co.za as soon as you have a death certificate and a copy of the deceased's ID.
Step 1: Notify FNB of the death
Phone the deceased-estates line on 087 736 7853 or email estatesadmin@fnb.co.za. Keep the case reference number you are given - every later step refers to it.
FNB will freeze the deceased's accounts to debit orders and external payments. Salary or pension credits already in the account are protected for the estate.
The full document checklist for FNB is published at https://www.fnb.co.za/legal/deceased-estates.html.
Step 2: Send the first document pack
FNB typically asks for: the certified death certificate (DHA-5), the deceased's ID or passport, the executor's ID, and the Letters of Executorship or Letters of Authority issued by the Master.
If Letters have not yet been issued, send the death certificate and a written notification so the bank can freeze debit orders while the estate is being reported to the Master.
Step 3: Open the estate late account
Once Letters of Executorship are issued, FNB can open an estate late banking account in the name of the estate. All credits owed to the estate (refunds, dividends, sale proceeds) flow through this account.
The estate late account is operated by the executor only. Family members do not have signing rights.
Step 4: Settle debts and close the original accounts
Outstanding home loans, vehicle finance, credit cards and overdrafts owed to FNB are claims against the estate. The bank will lodge them as creditors in response to the Section 29 advertisement.
Once the Liquidation and Distribution Account has been approved by the Master and the Section 35 advertisement period has lapsed, the executor instructs the bank to settle the debts and close the original accounts.
Step 5: Distribute residual cash to heirs
After SARS clearance, executor's fees and other estate liabilities have been paid, the executor authorises distribution of the residue from the estate late account to the heirs in the proportions set out in the L&D Account.
FNB closes the estate late account once it has been emptied and the executor confirms the estate is finalised.
Practical tips
- Make at least three certified copies of the death certificate. Banks, the Master, SARS and insurers all want a fresh certified copy and they expire after three to six months at some institutions.
- Do not pay debts informally before the Section 29 advertisement period lapses. Paying one creditor before the others can leave the executor personally liable.
- Keep written notes of every call with FNB - date, time, name of the consultant, case reference - and store them in your estate vault.
Frequently asked questions
Will FNB freeze the deceased's account immediately?
Yes. As soon as FNB is notified of the death and a death certificate is on file, debit orders and external payments are stopped. Salary or pension credits already in the account are held for the estate.
Can family members withdraw money from a FNB account before the estate is wound up?
No. Once the account is frozen, only the executor (with Letters of Executorship or a Section 18(3) appointment) can authorise payments out of the deceased's accounts. FNB can release reasonable funeral expenses on a case-by-case basis if the executor has been formally appointed.
What documents does FNB need to release funds to the estate?
FNB requires the certified death certificate, the deceased's ID, the executor's ID, the Letters of Executorship (or Letters of Authority for Section 18(3) estates) and a written instruction from the executor on the bank's prescribed form.