At least four individuals from India figured on Wednesday in a list of
unclaimed bank accounts made public by Switzerland 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.
Of the four Indians, 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.
These are Pierre Vachek, whose residence is mentioned as ‘Bombay’, the earlier name of Mumbai, Bahadur Chandra Singh from Dehradun, Dr. Mohan Lal from Paris and Kishore Lall
Timeframe for claims
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.
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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