Holders of youth passbooks must request closure of their accounts by 31 December of the year in which they turn 25 at the latest.
Deposit-taking institutions are required to automatically close the accounts of holders who reach the age of twenty-five on 31 December. Amounts credited to a closed account are transferred to another account designated by the holder of the Livret Jeune or, failing that, to a suspense account, the balance of which is returned to the holder on first request.