Since January of this year 2016, banks have started to block accounts of customers who have not provided the data required identification, as a result of the implementation of the regulations on the prevention of money laundering.

According to the banks themselves the number of accounts affected would be between 1-4% of the total. Unfortunately profile of those most affected by these cancellations are elderly, immigrants or persons who have changed address in recent years.

In the opinion of OCU request documentation sometimes disproportionately small customers only generates discomfort and is totally ineffective in combating money laundering. The measures should focus on large capital movements.

OCU advises people who may have been affected by ignorance or address changes contact urgently with your bank, providing the information needed to unblock his bank account and to recover money that could have been entered in the account.