Treasury can keep money in abandoned Spanish bank accounts

Treasury can keep money in abandoned Spanish bank accounts

Treasury can keep money in abandoned Spanish bank accounts. Image: Wikimedia

Treasury can keep money in abandoned Spanish bank accounts

Many people in Spain have had a bank account open for years, but then they stopped using it, forgot about it, and never cancelled it. In this instance, when you make no attempt to cancel the account, the Treasury can keep the money that you have deposited in that account.

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Written by

Chris King

Originally from Wales, Chris spent years on the Costa del Sol before moving to the Algarve where he is a web reporter for The Euro Weekly News covering international and Spanish national news. Got a news story you want to share? Then get in touch at editorial@euroweeklynews.com

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