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United Kingdom · Question · Written question

UIN 3047

Dormant Accounts Scheme

answeredUnited Kingdom· UK Parliament· EN

Introduced

18 May 2021

Last action

24 May 2021 · Answer

Status

Answered

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Discovery layer

Source updated

24 May 2021

Summary

To ask the Secretary of State for Digital, Culture, Media and Sport, with reference to the Dormant Bank and Building Society Acounts Act 2008, Reclaim Fund Ltd scheme, how many reclaims from the scheme there have been since it was set up; and how many hav

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Timeline

  1. 18 May 2021

    Written question

    To ask the Secretary of State for Digital, Culture, Media and Sport, with reference to the Dormant Bank and Building Society Acounts Act 2008, Reclaim Fund Ltd scheme, how many reclaims from the scheme there have been since it was set up; and how many hav

    Source: Commons

  2. 24 May 2021

    Answer

    Reclaim Fund Ltd (RFL) is legally obliged to retain a portion of the funds it receives as a result of the Dormant Assets Scheme in order to repay owners who come forward to reclaim their money. Data provided by RFL indicates that it has processed reclaims...

    Source: Written answer

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