Dormant Accounts and Dormant Assets Investigations & Intelligence

Article about Dormant Accounts and Dormant Assets Investigations & Intelligence

Published by

Elena Goeldi activities: Chairman of the Board of Directors and Managers - CSO, Vice President External Affairs - Head of Communication & PR

Dec 23, 2019

Dormant Accounts and Dormant Assets Investigations & Intelligence (Zürich, 23.12.2019)

The Dormant Accounts and Dormant Assets Investigations and Intelligence Operations are a part of our portfolio. This kind of investigation and intelligence operations is the most complex because we had cases up to $50 million Case-Worth, and we know what other people are ready to do in such cases not to help us and not to help the owner.

We help our clients to find and re-establish contact with potential beneficial owners of dormant assets. Dormant assets can be accounts, checks, safe deposit boxes, physical assets or other valuable assets.  Many of our customers are dealing with the Ombudsman before they turn to us. They are not familiar with the dormant bank account rules, how to activate dormant accounts and how to close the dormant accounts.  If you have not been successful with the Ombudsman, come to us. We know the Swiss private banking industry and the dormant account procedures very well. We document all search activities so that our clients can demonstrate that he fulfilled the regulatory required search efforts. We analyze, design and implement tools and processes in regard to the management of dormant accounts.

What about Dormant Account Fraud - is that possible?

One of the most susceptible areas for fraud in a bank, or financial institution, is the dormant deposit account.  Dormant accounts are generally a deposit account that has been inactive for a period of time or an account for which contact with the account holder has been lost.  Most banking software systems will code an account as dormant after about a year of inactivity. Officially in Switzerland is an Account dormant after one decade without contact. The main factor that makes these dormant accounts more susceptible to fraud is the lack of customer activity.  If a customer is actively using his/her deposit account, the customer is more likely to be monitoring that account. 

Solution?

We are always just a phone call or E-Mail / text message away. Our Management has a collective 65 years of industry experience and will suggest a plan and solution for you today! To schedule, a free consultation with our Global & Swiss office on any type of investigation or case please fill out the contact form on the Webpage https://www.swiss-security-solutions.com/contact-us

​The free consultation means that we will sit down with you, hear about your issue/problem, and give you some initial thoughts with investigation & intelligence plans about it with the contract proposal at no charge or obligation to you.

Links:

https://www.swiss-security-solutions.com/private-investigator-zurich

https://www.private-investigator-switzerland.com/

Tags:

#Dormant#DormantAccount#DormantAsset#Fraud#Swiss#Israel#UAE#Dubai#USA#Europe#Zürich#Basel#Bern#Geneva#Investigator#Detective#Investigation#Intelligence#Bank


Articles authored by Elena Goeldi