If you receive life insurance as a benefit from your job, you should make sure you’ve designated a beneficiary. Bank accounts: Your checking and savings accounts can have beneficiaries ...

Bottom line Simply put, a beneficiary receives your assets after ... If the asset is a bank account, you can name a payable-on-death beneficiary who would enjoy the same privileges.

If you have ever opened a bank account, have a life insurance policy or have started planning your estate, you’ve probably been asked to name a beneficiary or beneficiaries for that account.

Your investment account’s transfer process after death depends on how you’ve set it up – from quick transfers with proper ...

"It has been decided to put in place a similar facility that would enable a remitter to verify the beneficiary bank account name before initiating a transaction using RTGS or NEFT system," it said.

“It has been decided to put in place a similar facility that would enable a remitter to verify the beneficiary bank account name before initiating a transaction using the tRTGS or NEFT system.