To release the collateral documents to the surviving co-owner/s, co-borrower/s, or the appointed surviving heir/s, must present the following documents as stated in the Deed of Extrajudicial Settlement;
1. PSA copy of Death Certificate
2. PSA copy of Marriage Certificate – if the claimant is the Spouse.
3. PSA copy of Birth Certificate – if the claimant is/are the Child/Children
4. Original copy of Deed of Extrajudicial Settlement – stating the transfer of property, rights, and obligations of the Deceased to the Heir/s.
5. One (1) original valid government-issued ID
If the Claimant is one (1) or only a few of the heirs listed in the Deed of Extrajudicial Settlement, they must provide the following documents in addition to those mentioned above;
1. Original authorization letter, signed by the absentee heirs – specifically stating their authorization to release the collateral documents to the Claimant/s.
2. Photocopy of two (2) valid government-issued IDs of the absentee parties, with three (3) original specimen signatures