“Clarify clearly and unambiguously the right of a savings account holder to have the sums contained therein repaid by the bank and the relative terms of effect of the prescription of the depositors' right to the repayment of the sums due to them”: this is the objective of a bill that the Senate Finance Committee begins reviewing this week.
The legislative initiative - as retraced in the presentation of the bill - takes its cue from dispute between the holder of a bearer passbook opened in 1965 and one of the main national banks, which would deny the depositor the possibility of collecting this credit, citing various reasons (limitation, expiry of the terms for keeping the book's accounting documentation).
A sequel was born appeals, judgments and counter-judgments. So here is the bill, of only 3 articles, which aims to finally put a point. First, it is established that "where in the contract for the opening of a bank savings book the parties have not provided for an expiry date for the contract itself, the bank must return the sums deposited in the booklet itself at the request of the depositor".
Having clarified this point, it is then specified - for the purposes of the prescription - that "in the absence of an expression of will by the bank to withdraw from the contract, the right to the repayment of the credit is prescribed after ten years from the date of the repayment request by the depositor".
