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JGM, Solicitor
Category: Law
Satisfied Customers: 12199
Experience:  30 years as a practising solicitor.
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Having had Power of Attorney for my wifes late uncle, still

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Having had Power of Attorney for my wife's late uncle, still having Power of Attorney for his widow, I discovered an old bank book in the uncles name.

The books last entry was in December 2005 over eight years ago.

How long are the bank's required to keep records of deceased's accounts before being destroyed ?
Thank you for your question.

Banks must keep records on current and savings accounts for at least five years after last activity. These record-retention requirements apply to personal bank accounts and business accounts. If the bank is purchased by another bank, the records must be kept by the new institution for that time.

Happy to discuss further.

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