1.2 C
London
Friday, November 27, 2020

€28.5m on way to support services from Dormant Accounts Fund

Must read

Americans travel home for Thanksgiving despite coronavirus surge

Millions of Americans took to the skies and the roads ahead of Thanksgiving at the risk of pouring petrol on the coronavirus fire, disregarding...

France warns masks and social distancing will remain after vaccine

France’s health minister says his country is readying to start administering Covid-19 vaccines in late December. But Olivier Veran has warned that people will still...

Owl rescued from New York Christmas tree returns to the wild

An owl that was rescued from the Rockefeller Centre Christmas tree has been released back into the wild. The tiny Saw-whet owl was named Rockefeller...

Suspect in Swiss knife attack had tried to travel to Syria

Police in Switzerland say a woman suspected of carrying out a knife attack that is being investigated as possible terrorism formed an online relationship...

€28.5m is to be distributed from the Dormant Accounts Fund, which applies to bank accounts which have not had any transactions for 15 years.

The money will be spent on tackling economic, social or educational disadvantage; or on services for people with a disability.

Banks must contact you if you have not carried out a transaction on your account in 15 years or more.

If the bank cannot contact you, the money in the account will be transferred to the Dormant Accounts Fund.

The rights of the original account holders (or their heirs) are not affected by the transfer to the Fund and they can always reclaim the money, including interest.

- Advertisement -

More articles

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisement -

Latest article

Americans travel home for Thanksgiving despite coronavirus surge

Millions of Americans took to the skies and the roads ahead of Thanksgiving at the risk of pouring petrol on the coronavirus fire, disregarding...

France warns masks and social distancing will remain after vaccine

France’s health minister says his country is readying to start administering Covid-19 vaccines in late December. But Olivier Veran has warned that people will still...

Owl rescued from New York Christmas tree returns to the wild

An owl that was rescued from the Rockefeller Centre Christmas tree has been released back into the wild. The tiny Saw-whet owl was named Rockefeller...

Suspect in Swiss knife attack had tried to travel to Syria

Police in Switzerland say a woman suspected of carrying out a knife attack that is being investigated as possible terrorism formed an online relationship...

Iran says British-Australian academic freed in exchange for three Iranians

Iran has released detained British-Australian academic Kylie Moore-Gilbert in exchange for three Iranians held abroad, according to Iran state TV. Ms Moore-Gilbert was a Melbourne...
%d bloggers like this: