We are aware that firms have reported that some financial institutions have policies that limit account access to a deceased person’s estate to solicitors only.
We are engaging with these institutions to ensure this issue is resolved. To support ICAEW-accredited probate firms to manage any challenges accessing services, we have developed a statement to share with financial institutions that confirms that ICAEW-accredited probate practitioners are regulated in the same way as solicitors and should be provided access to the same banking services.
If you are experiencing any difficulties with a bank or financial institution, we recommend that you ask to speak with a senior manager and share this statement with them via a link to this webpage or to the PDF document provided. If this does not resolve the matter, or if this is a wider policy issue that ICAEW-accredited probate practitioners need to be aware of, please complete our online survey, or email Rachel Clements, Regulatory Policy Manager: Rachel.Clements@icaew.com
