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View Full Version : Any brothers got dormant bank accounts in Australia, ie from schooling days?


Sammyboy RSS Feed
13-06-2014, 01:10 PM
An honorable member of the Coffee Shop Has Just Posted the Following:

Australia Seizes A$360M From Dormant Bank Accounts
http://www.smh.com.au/national/canbe...609-39t8p.html (http://www.smh.com.au/national/canberra-reaps-360m-from-inactive-bank-accounts-20140609-39t8p.html)

The federal government has bagged an unprecedented $360 million from household bank accounts since a controversial change to unclaimed money laws, Australian Securities and Investments Commission figures show.

Pensioners and others saving for a rainy day have reported trying to access their savings only to discover their money had been seized by the government because it had been dormant for three years or more.



Any brothers got dormant bank accounts in Australia, ie from schooling days or personal coffers?


Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?183979-Any-brothers-got-dormant-bank-accounts-in-Australia-ie-from-schooling-days&goto=newpost).