Assets held in bank accounts that have been inactive for more than 15 years will be transferred to the Tunisian Treasury starting July 1, 2025.
This measure, mandated by the 2025 Finance Law, provides account holders until June 30 to regularize their status and avoid the automatic reallocation of their funds.
The new regulation specifically targets dormant funds in accounts that have recorded no transactions for 15 years or longer. To prevent the transfer, customers must either consult their accounts or conduct a banking transaction by the June 30 deadline.
Lotfi Riahi, President of the Tunisian Consumer Information Organization, expressed support for this decision. He highlighted numerous instances of accounts left open by deceased individuals without heirs, which often led to the accumulation of unjustified fees. Riahi views the transfer of these funds to the Treasury as a more ethical solution compared to allowing banking institutions to utilize them.
This move signifies a notable shift in Tunisia’s management of dormant bank accounts, aiming to foster greater transparency and optimize the use of inactive financial resources.
SL/ac/Sf/fss/abj/APA