What is next of kin?
it is used to describe a person's closest living blood relative or relatives......if the account holder does not came into the bank for the 6 months or the account holder is died.....then in that case the person next of KIN (means any one which the account holder give reference in the accounts opening form like his/her...mother,sister,wife,son, daughter etc whose copy of NIC is given to the bank at the time of account opening) can take the bank balance of the account holder in that case..it is called next of Kin
On Fri, Oct 14, 2011 at 6:39 PM, mc090404464 Asima Sadaf <mc090404464@vu.edu.pk> wrote:
what is "Next of Kin". what type of accounts there in NBP and what type of people open their accounts in NBP. --
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