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UK Authorities Seizes $185 Million From Dormant Financial institution Accounts for Disaster Reduction

The UK authorities is seizing funds in dormant financial institution accounts value roughly $185 million to fund its coronavirus aid efforts. To this point, 30 banks have been voluntarily transferring cash from dormant accounts to the federal government, together with HSBC, Barclays, Clydesdale, Credit score Agricole, Danske, Santander, Lloyds, and Financial institution of Scotland. The …

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