You are currently not logged in. Login or Register.

Login

Register

Become a member of The Cuenca Dispatch and access exclusive weekly reports on Ecuador's economy, politics, crime and more that you will not find published anywhere else on the web.

Subscribe

Ecuador's Original English Language Newspaper

Ecuadorian Banks can expropriate money from dormant accounts

Published on April 06, 2018
Facebook Twitter Google+ LinkedIn Ecuadorian law allows banks to close a bank account that has been dormant for at least five years.  Banks and cooperatives are obligated to transfer those funds to the government, where they will be used for social services. It is illegal for banks to transfer dormant funds to their own accounts. […]

To view this article you must have an active subscription.

Already a member? Sign in.

Subscribe to weekly reports on Ecuador’s economics, politics, crime and more.

Not sure you want to commit? Don’t worry, you can cancel anytime.

For a limited time,
subscribe now and get your first month for only $1.

Regular subscriptions available at $4.99/month or $42/year.

0 Comments

More from this issue

Share This