the essential
His Livret A account had been open since 1975: a fifty-year-old who lives in Tours (Indre-et-Loire) learned that his bank had closed his savings account for inactivity, without informing him. The person concerned claims that he had accumulated nearly 27,000 euros in savings.
For several years the Tourangeau thought his money was safe. Now he is at the heart of a legal standoff after discovering that his bank had closed – without warning him – his savings account. The reason? The banking establishment thought that the Livret A was no longer used. This fifty-year-old only noticed the closure of his savings account in May 2024, even though it had actually taken place… in 2016. The savings account for him had been opened in 1975 by his parents, explain our colleagues from The New Republic. This was the only bank account held by the person concerned within the Caisse d'Épargne d'Indre-et-Loire.
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Le Tourangeau claims that the account would have reached its ceiling in 2024: according to him, the saver benefited from 27,000 euros in savings, taking into account the interest he had accumulated over several years*. “His booklet was at the ceiling, only the interest was accumulating,” explains the client’s lawyer, Me Tournier. When questioned, the bank explains that “this operation results from the obligations imposed on financial institutions to identify inactive accounts and to transfer the funds from these accounts to the Caisse des Dépôts et Consignations”, relates the Caisse d'Épargne in a relayed letter by our colleagues. However, the customer claims that a transfer of funds was made eight years ago… but the banking establishment cannot find any trace of this operation.
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The Tourangeau does not budge: he was never warned by the Caisse d'Épargne about the inactivity of this account. “These are the savings of a lifetime,” laments the latter. Without a solution, the fifty-year-old decided to take the banking establishment to court: a trial is planned for next March before the Tours judicial court.
