Banco Popular de Puerto Rico Estate Processing (696), PO Box 362708, San Juan, PR 00936-2708 (Puerto Rico accounts); Popular Bank Customer Care Center, P.O. Box 4906, Miami Lakes, FL 33014-8500 (mainland accounts)

TeleBanco Popular (Puerto Rico)

787-724-3650

Verified Mar 2026

Preparing your Popular Bank accounts for estate transfer involves two primary strategies: designating beneficiaries on individual accounts and, where supported, retitling accounts into a revocable living trust. Both approaches bypass probate, but they work differently depending on the account type.

With 12 product types, Popular Bank offers a range of transfer options. Some accounts support Payable on Death (POD) designations, others can be retitled into a trust, and some require probate if no beneficiary is designated. The sections below break down each step.

Popular Easy Access CheckingPopular Everyday CheckingPopular Prestige CheckingPalladium CheckingPopular SavingsPopular Saver Money MarketPopular CD

1Log in to Popular Online Banking

2Send a secure message requesting a POD (Payable on Death) beneficiary designation

3Provide: last 4 digits of account number, beneficiary full legal name, address, date of birth, relationship, and Social Security number

4For trusts as beneficiary: provide the full name of the trust exactly as listed in the trust agreement

5Specify allocation percentages if naming multiple beneficiaries (equal by default)

6Account updated within 1-3 business days; confirmation sent via secure message

Required Documents

Trust name, date established, and tax ID (EIN or SSN)

Special Requirements

Up to 3 individuals or 1 trust as POD beneficiaries per account
Funds distribute equally by default; a letter of instruction can request different percentages
Online beneficiary designation is handled via secure message through Popular Online Banking
Named POD beneficiaries override your will