Once you notify us of the bereavement, we’ll get in touch to help you with the next steps.
Sole Director deceased; business to continue trading
If the sole director died, we’ll put a temporary stop on the banking facilities until a new director is appointed.
You’ll need to update the existing mandate with new authorised signatories and instructions to reflect the changes.
You’ll also need to update Companies House with the details of the new Director.
Sole Director deceased; business to stop trading
If the sole director died, we’ll put a temporary stop on the banking facilities while you and your colleagues work through the business closure process.
One or more Director remaining
If there’s more than one remaining Director, your banking facilities will continue to work as normal.
You’ll need to update Companies House to reflect the change.