We appreciate you reaching us with your concerns about what happens to a client's trading account post demise.
Once we are made aware of the situation, we will request for the provision of the certificate of death of the client so that we can send any remaining funds in the trading account to one of the following bank accounts:
1. Bank account in the name of the deceased (the client), if it is still available;
2. Bank account in the name of the beneficiary as per the deceased's Will. He must provide a copy of the Will;
3. Estate account of the deceased. A letter or equivalent document from the Executor will be necessary.