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Dormant Deposits

Banca Finnat | Dormant Deposits| Institutional Site

Banca Finnat

Banca Finnat | Dormant Deposits| Institutional Site

On 17 August 2007, Italian Presidential Decree no. 116 of 22 June 2007 governing “Dormant Deposits” entered into force.

What are they?
All bank deposits for which there have been no customer-initiated movements for over 10 years are considered dormant. The Italian Presidential Decree requires that such deposits with a balance of over 100 euro and on which there has been no change even after suitable notice are closed and the related sums transferred to a Fund set up by the Ministry of Economy and Finance to compensate investors that have been victims of financial fraud (art. 1, subsection 345, Italian Law no. 266 of 23 December 2005).

What are the consequences of dormant accounts that are not revitalised?
If the beneficiary fails to perform a transaction or account movement (including a letter to the Bank confirming a wish to keep the account open) within 180 days of receipt of the broker's letter of notice, such accounts are considered officially dormant and, together with any related deposits, are closed. Any sums deriving from the account closure are transferred by the Bank to the Fund set up by the Ministry of Economy and Finance.

Nome Cognome Data di nascita Luogo di Nascita Provincia n°Identificativo Rapporto
Giorgio Spadafora 18.05.1938 Cosenza CS 10022840000
Giorgio Spadafora 18.05.1938 Cosenza CS 10C122840
Emanuele di Mundo 31.01.1933 Ascoli Piceno AP 10031120000
Emanuele di Mundo 31.01.1933 Ascoli Piceno AP 10C131120
Fabio Fossati 28.06.1951 Monza MI 10004200000
Sud Alimentari A.S. ? ? ? ? 10010210000
Walter Benigni 26.03.1928 Roma RM 10042615000
Walter Benigni 26.03.1928 Roma RM 10C142615
Pietro Castri 05.10.1927 Monteleone d'Orvieto TR 7002300
Paolo Canofani 17.01.1961 Roma RM 0103307047195/58
Mario Longinotti 23.08.1914 Brescia BS 0105580
Mario Longinotti 23.08.1914 Brescia BS 0105580
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Banca Finnat Euramerica S.p.A.
Registered office in Piazza del Gesù n.49, (IT-00198) Rome, Italy
Share capital € 72,576,000.00 fully paid-in, represented by 362,880,000 ordinary shares
Enrolled in the Banking Register under No. 5369
Holding Company of the Banca Finnat Euramerica Italian banking group,
enrolled in the Banca d’Italia’s Register of banking groups No. 5557
Enrolled in the Rome Companies’ Register Tax Code No. 00168220069 - VAT No. 0085601004
R.E.A. n.444286 – ABI 3087.4 – Codice LEI: 815600835712F7BA2869
Member of the National Interbank Deposit Guarantee Fund
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