To clarify, seizing of "inactive" funds already occurs -- the change next week shortens the timeframe from 7 years inactivity to 3 years. The money can be subse

To clarify, seizing of "inactive" funds already occurs -- the change next week shortens the timeframe from 7 years inactivity to 3 years. The money can be subsequently reclaimed through tedious paperwork. This is pretty standard stuff internationally speaking (U.S. seems to have a timeframe of 3-5 years depending on the state, U.K. is 15 years, Canada has a more generous timeframe of 30 years, or 100 years for amounts over a grand!). The responsible thing for your bank to do would be to notify you at the 35-month period. Not much good if you don't keep your contact details up to date, but if it's something like a investment or trust account then that might be the one address you'd like to try to keep accurate. THIS DOES NOT CONSTITUTE SOUND FINANCIAL ADVICE, PLEASE FEEL FREE TO KEEP YOUR BANK STATEMENTS FORWARDING TO THAT EXPIRED P.O. BOX AT YOUR ALMA MATER