December 2, 2022

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“The money is no longer yours”

Pay attention, the money deposited in the bank or post office account is no longer yours! Let’s get into the details and see all there is to know about it.

Oftentimes we hardly even notice it, and yet there are many times when we find ourselves having to put down our wallet so we can to pay Various goods and services of interest to us.

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From food, to clothing, to home user bills, there are a lot of expenses to account that inevitably end up being heavy. family budget. Hence the decision of many to pay special attention to the world of savings, in order to have more euros to draw on when needed.

In this context, many leave as much money as possible on Bank account It is considered the safest solution. But what do you think if we tell you that the money is deposited in the current account They don’t come back to youBut do you become the property of the bank or the post office? So let’s get into the details and see all there is to know about it.

A bank or postal checking account, Attention, “The money is no longer yours”: all you need to know

As we have already seen, leave your own Putting money into your checking account is often counterproductive due to costs and risks emerging. If all this is not enough, then you should know that the money deposited in the bank or post office account is no longer yours! How is that possible?

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Well, in that context, the . fileArticle 1834 of the Civil Code. According to the latter, in fact: “In deposit an amount of money with a bank, qHe acquires it and is obligated to return it with the same type of cashupon the expiry of the agreed period or at the request of the depositor, taking into account the notice period specified by the parties or customs“.

This means that once the money is deposited into the checking account, the bank or post office acquires ownership for a certain period of time. That is, until the expiry date of the contract, or until the account holder asks his relative return.

If all this is not enough, then in extreme cases there is also the risk of having to provide financial support to the bank in case of bankruptcy. In this case, in fact, there is a risk of having to deal with Bail in action.

The latter, as we remember, consists in the obligatory withdrawal of funds from the checking accounts of customers with an average balance greater than 100 thousand euros. However, as mentioned earlier, it must be emphasized that the latter situation can happen only in extreme cases and if the deposit is more than 100 thousand euros.