Upon notice of the death of any one
of the Joint Account(s) holders, the Bank shall be entitled to
freeze the Account and to retain the credit balance in the Joint
Account until such time the Joint
Account(s) holder's successor produces a grant of probate or
letters of administration
What you showned is normal day to day activity. But when one of
the account holders is deceased, the bank willl freeze the account
according to the article so that the beneficiary can go show the
will.
Are you sure?
My grandmother recently passed away without a will and she
have 3 sons and 2 daughters.
She have about 5 joint account with 2 sons and 1 daughter and
all 5 are single signing authority.
When she pass away, her 2 sons and 1 daughter just took her
death certificate to the bank and draw out all the money.
The banks also never ask for a will or letter of
administration