The bill would stop banks from charging any fees on accounts that have had no deposits or withdrawals for three years (checking) or five years (savings), require banks to notify owners and eventually turn unclaimed balances over to the government.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB02167. Status changes over time; check the link for the latest.
HB02167 · Sources: BetterGov Open Congress, BatasWatch
Similar in what they’d do, filed by any lawmaker.