Section 4: Dormant accounts

I. – Each year, the credit institutions mentioned in Title I of Book V and the electronic money and payment institutions mentioned in Title II of the same book shall draw up a list of inactive accounts opened in their books. An account is considered to be inactive : 1° Either at the end of a twelve-month period during which both of the following conditions are met: a) No transactions…

I. – Deposits and assets held in dormant accounts mentioned in article L. 312-19 are deposited with the Caisse des dépôts et consignations: 1° For dormant accounts mentioned in 1° of I of the same article L. 312-19, at the end of a period of ten years from the date of the last transaction, excluding the recording of interest and the debiting by the institution holding the account of fees…

If I of article L. 312-5 is implemented, any sums due to holders of dormant accounts, within the meaning of article L. 312-19, are deposited by the fonds de garantie des dépôts et de résolution at the Caisse des dépôts et consignations on behalf of the holder, without waiting for the expiry of the periods mentioned in I of article L. 312-20. Before making this deposit, the fonds de garantie…

The credit institutions referred to in Title I of Book V of this Code shall send by electronic means, at least once a year, to the group referred to in the first paragraph of Article L. 161-17-1 of the Social Security Code the information required to implement the provisions of Article L. 224-7-1 of this Code.