Government of Jamaica could end up getting several million dollars that currently sits in dormant accounts in the country’s banks without any transactions since 2001.
The amounts go from a high of $7 million for a resident of Christiana in Manchester to a low of a few dollars and is followed by an account with $3.26 million, for a resident of Clarendon, two accounts of more than $1 million each are listed and 3 in excess of J$853,000. Also included is an amount of US$27,022 for a resident of Hartford, Connecticut ,USA with the list including amounts of US$15,760, one for US$13317, US$ 11,857 and US$11,497.
The list which includes accounts for Bank of Nova Scotia, Citibank, First Global and Sagicor Bank, comprises around 15,000 accounts and is published in the Saturday Gleaner.
According to the notice, depositors have one year to claim the amounts, failing which they will be forfeited by the state.
$m in dormant accounts for Government
March 25, 2017 by IC Insider.com
Filed Under: Feature Stories, Street News & Views Tagged With: Citibank, Nova Scotia, Saturday Gleaner