- Credit Card
- Real Estate
What does a bank typically do when the account owner dies, and nobody came to claim the money?
Do they leave the money in that account ad vitam aeternam, or does it get collected and used at one point by the bank?
Although the question is non country-specific it would be interesting to know how it happens in USA and Canada for comparison.
Because it just seems to be that it would be a big waste to keep that money there.