HC Deb 19 October 1944 vol 403 cc2535-6
68. Dr. Little

asked the Chancellor of the Exchequer whether, as is done in some of the Dominions, he will arrange that the banks in the United Kingdom shall publish annually a list of unclaimed balances.

The Chancellor of the Exchequer (Sir John Anderson)

My hon. Friend's suggestion would probably involve difficulties arising out of the confidential character of bank accounts; but in any case I could not contemplate asking the banks to consider the proposal at the present time.

Dr. Little

Does my right hon. Friend recognise the difficulties that often arise in dealing with certain estates of deceased persons, owing to the non-publication of these balances?

Sir J. Anderson

Yes, Sir, but on the other hand, the majority of the balances in question are very small indeed, and to undertake the task of publication at the present time would, apart from all. other considerations, impose an unjustifiable burden on the institutions concerned.

Sir Granville Gibson

What eventually happens to these unclaimed balances?

Sir J. Anderson

I should like to have notice of that question.