Dormant Account Listing

The public is hereby given notice that SCOTIABANK (TCI) LTD holds the following dormant accounts.

The public is also hereby given notice of the following:

1. Unless one or more of the following transactions are effected on a dormant account listed  on or before the 31st day of October 2020, the monies in the dormant account will be transferred to the general revenue of the Islands without further notice-

• Increase or decrease the amount held or owed in the Financial Institution:
•  Present the passbook or other record for the crediting of interest or dividends in respect to any general deposit, demand deposit, savings deposit or deposit for a fixed period, made in the Islands;

1. Interest paid, or account fees applied, by a Financial Institution on monies held or owed in the Financial Institution shall not be regarded as a transaction which increase or decreases the amount held in the Financial Institution pursuant to section 4(4) of the Dormant Accounts Ordinance.
   (a) Correspond in writing with the Financial Institution concerning the monies; or
   (b) Otherwise indicate an interest in the monies as evidenced in writing by the Financial Institution.
   
   
2. Subject to the Dormant Accounts Ordinance, on the transfer of the monies in the dormant account to the general revenue of the Islands, the dormant account holder will no longer have any right against the Financial Institution to the repayment of the monies transferred, but the dormant account holder will have against the Government such right to repayment of the monies transferred that the dormant account holder would have had against the Financial Institution.
   
   
3.  Any interested person should contact the Financial Institution mentioned above to establish if that person is a dormant account holder.