Perhaps with 1% interest per month on the remaining balance.
I don't know how long ago it had happened, but I was told of a lady who was weekly paid and went round every week on pay day and paid £10 for years to pay for her mother's funeral.
A bank may well be prepared to pay the funeral account direct to the funeral director before the High Court process is completed upon production of the Death Certificate and the invoice from the funeral director, but may only do so upon the person requesting it signing an indemnity. But how long does the bank take to do that?
It is important to remember that unless either a house is involved or lots of money, the High Court may possibly not be involved, I am not sure about that.
But if, say, someone lives in rented accommodation and just has his or her funeral money and not much more in the bank, does the High Court become involved if there is only one child or if more than one child the children agree how to deal with things as to who has what?
From my very limited knowledge of these things, for a will, if the executor is someone independent such as a solicitor or a bank, then apart from any specific bequests, I seem to think, correct me if I am wrong, the going rate is to sell all possessions and split the proceeds less fees for so doing amongst the beneficiaries, unless the beneficiaries are happy to agree among themselves who gets which ornaments, books, pictures etc. So basically either agree who gets it or none of them get it.