Only a quarter of the €373 million held in dormant accounts (savings accounts or insurance policies that have not been used for 15 years) has been reclaimed by owners, according to figures released last week.
The Dormant Accounts Board, which manages money collected from such accounts, will review how this money is spent, according to a tender issued last week.
So far, €373million has been transferred into the dormant accounts fund. Of that, €96.5 million has...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team