This section of the book is from the "Canadian Banking Practice" book, by John T. P. Knight.
Question 271.— A customer ordered and paid us the money for a draft on Hong Kong, which we obtained from our home office. Before delivery he died. What is our position in the matter? The draft is payable to a party in Hong Kong, and we understand that our customer was forwarding the amount on behalf of others.
Answer.—We do not see that you can do anything but hold the draft until someone has taken out letters of administration. It is quite likely that it would be safe to send the draft to the payee, but if for any reason the payee was not entitled to receive the draft you would by adopting such a course make yourselves responsible to the administrator.