Post
Topic
Board Economics
Re: Australia Seizes 360M From Dormant Bank Account (inactive for 3 years)
by
MrMushroom
on 14/06/2014, 13:05:04 UTC
Just to clear up for Australian's anyway.
https://www.moneysmart.gov.au/tools-and-resources/find-unclaimed-money/unclaimed-money-search

They have also started paying interest on the amount "Seized" until you claim it since last year.
Btw there talking about "inactive bank accounts" meaning NO transactions have taken place for 3 YEARS.