Cheraw Chronicle

Complete News World

Idle money in Belgium rose to €687 million, check here if you forgot money too |  Bank and insurance

Idle money in Belgium rose to €687 million, check here if you forgot money too | Bank and insurance

The volume of idle funds in Belgium has now risen to 686.9 million euros. This is clear from data released by federal public service funding.

Dormant funds are bank accounts, insurance contracts, or vaults that have not been used for a certain period of time and have had no further contact with the financial institution. This concerns, for example, accounts that grandparents opened for their grandchildren, but never told them about.

This money goes into FPS Finance's deposit and deposit box, waiting to be claimed by its rightful owners. They have 30 years to do so, otherwise the assets will end up in the state treasury.

Recovery of 14 million euros

At the beginning of last year, there were still around €622 million of idle assets. Meanwhile, 2,528 people claimed their idle money, amounting to 13.8 million euros.

Anyone can pass myminfin.be Check if there is any forgotten money waiting somewhere. Credits can also be redeemed digitally via the app electronic depo.

See also  The Antwerp Corporate Court declares 17 bankruptcies