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  5. Can further funds be paid into a deceased member's account?
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Can further funds be paid into a deceased member's account?

Sometimes a business such as a utility provider or an aged care facility will provide a small refund by way of a cheque or transfer in the deceased's name. The cheque or transfer may still be deposited to the deceased member's account whilst the membership remains open. However, if you're expecting proceeds from the sale of property, a superannuation payout or other significant funds, we recommend that you open an estate trust account.

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        Copyright © 2025 People's Choice Credit Union, a trading name of Heritage and People's Choice Ltd ABN 11 087 651 125, Australian Financial Services Licence 244310 and Australian Credit Licence 244310. People's Choice Credit Union may be referred to as People's Choice across this website.


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