Switzerland Makes Public 2,600 Dormant A/C , 4 From India

17 December, New Delhi

At least four Indians have figured in the list of 2,600 unclaimed bank accounts made public by Switzerland Wednesday .

The total holding in these accounts is estimated at about 44 million Swiss franc, nearly 300 crore rupees. However, the specific figure for the accounts of people from India was not disclosed.

Of the four Indians, place of residence of two has been mentioned as India, while it is Paris for one. The place of residence for the fourth person was not disclosed.

The Swiss Banking Ombudsman and the Swiss Bankers Association (SBA) said, the relatives and heirs of these persons will have to submit the claims for these accounts within 5 years.

This is the first time Switzerland has published such a list that is aimed at giving their owners’ heirs a chance to claim the funds in these accounts. Only those accounts form part of this list which have got at least 500 Swiss francs and have remained unclaimed for at least 60 years.

The list contains a large number of people from Switzerland itself, as also from Germany, France, the UK, the US, Turkey, Austria and various other countries.

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