March arrives with that Bank Accretion. These are the money that remains deposited without their owners who are looking for them, and that they will enter a period of expiration and if they do not, they will go to the Treasury's cashier.
In the next few days, various banking institutions will publish their payroll lists in the Official Gazette. And then, in order to simplify people's search, SBIF will publish a search engine.
Here we help you to solve some of the most common doubts about these funds.
What are the loans?
Bank loans that are subject to expiry are different amounts of money deposited in a bank. They are generated by various operations that are carried out during the year and never been charged, so that banks submit a list annually with all of the funds forgotten.
How can I know if I have a request?
Every year in March the Official Gazette publishes amounts larger than 5 Unidades de Fomento (U.F.) waiting to be withdrawn.
How can I know if I have debts with less than 5 UFs?
The amounts between 1 UF and 5 UF should be consulted in each bank.
What data do I need to search if I have debts?
The data shall be published with the creditor's name and surname.
How is a lawsuit charged?
The same owner may charge the amount with his ID card, or may seek legal advice.
Do you need a lawyer to pay the debt?
No. In the event that the request is not on behalf of the owner, it is advisable to obtain legal advice, since the judicial procedure must be followed to restore the name.
What will happen if I do not collect the request?
There is a time limit of three years for asking for money, otherwise these amounts will go completely to Treasury bills.
The three years begin to enter into force on January 31st of the month in which the bank forms the list of loans that are subject to expiration.
Do all assets have a shelf life?
There are certain funds that are always followed on behalf of their owners and do not pass on to the state despite being immobilized for two years.
These are deposits and deposits with indefinite time or with automatic renewal clauses. These include savings accounts; guarantee tickets or deposits, except when the expiration date is established; sums received with traveler's checks; and cases in which there is a retention, press or money embargo.
How can I know if I have debts in the processes of previous years?
You can also check if you have previous credits in the same search engine. For now, it will show you information from previous years.
What can be done when the user dies?
In those cases, you must act as with any other legacy. In any case, each bank has information about the specific procedure.
Also, if the word "succession" appears in the data followed by the user's name, this means that the money corresponds to the heirs of the owner.