Defunct bank deposits may be regulated
August 6, 2014
The Polish Senate upper house wants to regulate the issue of the "defunct" bank deposits, i.e. either deposits of people that passed away and their heirs are not applying for the deposit, or deposits with no activity in a long time, in case the bank has problems contacting the owner.
The Senate wants to create a register of such inactive accounts that potential heirs could have access to.
After ten years, money from such inactive accounts would be transferred to state-run bank BGK and used for socially plausible aims, although senators differ on what such plausible aims might be.