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What if my beneficiary doesn't have a bank account?

Sanlam Indie won’t pay out to a beneficiary who doesn’t have a bank account.

Your beneficiary will need to set up a bank account 🏦in their own name to receive the payout, or it’ll be paid into your estate. That means your heirs (whoever will inherit from you) will get the money eventually, but anyone who needs immediate cash 💵for funeral and other expenses may not get it for months.

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