Most companies take up to 6 weeks to update their systems. Unfortunately, timeframes are set by each bank, and Settld does not have direct control over this process. Wherever possible, Settld works with companies to provide a better bereavement service, so please let us know if problems persist and we will flag this to the credit card providers for you.
If there is a final balance to pay, some providers detail the ways to pay this when providing the date of death balances to Settld. Other providers may use a partner company that will contact you directly regarding the balances.
Yes. The Settld form will ask for consent from the next of kin. They will be asked to sign a short form, saying that they are happy for you to act on their behalf. Settld will not be able to notify any companies, without this information.