UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief

DIGIT — Mon, 01 Jun 2020 01:10:52 +0000

The UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the government, including HSBC, Barclays, Clydesdale, Credit Agricole, Danske, Santander, Lloyds, and Bank of Scotland. The government has also proposed adding other […]

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UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief