Banking Ordinance Amendment (Duty to Locate Holders of Dormant Accounts) Bill
Translated from Hebrew: הצעת חוק לתיקון פקודת הבנקאות (חובת איתור בעלי חשבונות ללא תנועה)
TL;DRThe bill requires banks to take active steps to locate owners of dormant accounts, including contacting the Population Registry.
Translated from Hebrew
What does the bill do?
The bill amends the Banking Ordinance and requires banking corporations to locate owners of dormant accounts. When the bank fails to make contact through existing means (mail, text message, telephone or email), it is required to apply to the Population Registry within 30 days of the account becoming inactive, in order to obtain the account holder's current details.
Passed preliminary readingFirst plenum vote: March 20, 2024
Initiated by: a party that left the coalitionRead the full text (bill for preliminary reading) ↗
The votes on this bill
Passed23 for · 0 against · 0 abstained · 97 did not vote
Coalition 72 seats
LikudFor 3 · Absent 29
ShasFor 6 · Absent 5
Blue and White – National UnityAbsent 8
United Torah JudaismAbsent 7
Religious ZionismFor 1 · Absent 6
Otzma YehuditFor 1 · Absent 5
NoamAbsent 1
Opposition 48 seats
Yesh AtidFor 9 · Absent 15
Yisrael BeytenuFor 1 · Absent 5
Ra'amAbsent 5
Hadash–Ta'alFor 2 · Absent 3
LaborAbsent 4
New Hope – The United RightAbsent 4
Tap an MK for detailsChanged position between readingsOnly MKs who held a seat on the day of the vote are shown