What to do when a BOK Financial account holder dies

"Upon receiving notice of your death, we will release the funds only to the personal representatives of your estate, except as otherwise permitted by law." BOK will not pay a spouse or child on a death certificate alone; the claimant needs Letters or a small-estate affidavit.^{1, 2, 3, 4}

The named beneficiary claims directly with a death certificate and government-issued ID, without probate.⁵

The agreement treats multiple payable-on-death beneficiaries as joint tenants with right of survivorship, not as holders of separate shares.^{1, 2, 3, 4}

The balance belongs to the surviving owner or owners, who provide a death certificate to remove the deceased owner.⁵

The agreement makes a joint account one with right of survivorship unless the signature card says otherwise.^{1, 2, 3, 4}

If the signature card specified tenancy in common, the deceased owner's share belongs to the estate and the survivors as a court determines.⁵

The successor trustee provides the trust documentation and government-issued ID.⁵

A fiduciary signer "shall be solely responsible for acting in accordance with the terms of applicable State law, the will, court order or trust instrument," and the bank does "not accept any responsibility for examining or insuring compliance."^{1, 2, 3, 4}

The early withdrawal penalty is waived on an owner's death, but not on a CD renewed or opened after the death.^{1, 2, 3, 4}

An IRA held as a CD is paid "to the designated beneficiary as stated in the Bank's records."⁵

Estate administration in Oklahoma, with BOKF, NA as executor, co-executor, trustee or agent⁵

Estate administration in Oklahoma, with BOKF, NA as executor, co-executor, trustee or agent⁵

Estate administration in Texas, with BOKF, NA as executor, co-executor, trustee or agent⁵

Estate administration in Texas, with BOKF, NA as executor, co-executor, trustee or agent⁵

Estate administration in Texas, with BOKF, NA as executor, co-executor, trustee or agent⁵

Estate administration in Texas, with BOKF, NA as executor, co-executor, trustee or agent⁵

Estate administration in Texas, with BOKF, NA as executor, co-executor, trustee or agent⁵

Estate administration in Texas, with BOKF, NA as executor, co-executor, trustee or agent⁵

Estate administration in New Mexico, with BOKF, NA as executor, co-executor, trustee or agent⁵

Estate administration in Arkansas, with BOKF, NA as executor, co-executor, trustee or agent⁵

Estate administration in Arizona, with BOKF, NA as executor, co-executor, trustee or agent⁵

Estate administration in Colorado, with BOKF, NA as executor, co-executor, trustee or agent⁵

Estate administration in Kansas and Missouri, with BOKF, NA as executor, co-executor, trustee or agent⁵

Family office services in every region⁵

Estates holding mineral interests, in every region⁵

Estates holding real property, in every region⁵

The agreement says: "We are entitled to continue to permit withdrawals on behalf of the Account Owner(s) after we receive notice of death to the extent permitted by law." Automatic payments and outstanding checks may keep clearing after the death is reported; the agreement sets no cutoff period.^{1, 2, 3, 4}

The bank has a contractual right of set-off against balances for debts owed to it. Credit card debt is excluded, and among time deposits, IRA time deposits are excluded.^{1, 2, 3, 4}