Wednesday, June 16, 2021
HomeNationFour Indians on list as Switzerland makes public 2,600 dormant a/c

Four Indians on list as Switzerland makes public 2,600 dormant a/c

Four Indians

At least four individuals from India figured among the list of 2,600 dormant accounts which were made public by Switzerland for the first time on Wednesday.

The four Indian have been identified as Pierre Vachek, whose residence is mentioned as ‘Bombay’, Bahadur Chandra Singh from Dehradun, Dr. Mohan Lal from Paris and Kishore Lall, whose residence was not disclosed.

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

The relatives and heirs of these persons will have 1-5 years to submit their claims for these accounts, the Swiss Banking Ombudsman and the Swiss Bankers Association (SBA) said.

On Wednesday, Switzerland made public for the first time the list of unclaimed bank accounts which contains over 2,600 accounts and 80 safe deposit boxes.

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

This is the first time that 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 at least 60 years.

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