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NEWS

Information on the Verification Procedure

The Succession Fund of the Republic of Slovenia (hereinafter: the Fund) has received over 38,500 timely requests for verification, of which more than half refer to the Zagreb Main Branch and the rest to the Sarajevo Main Branch.

 

The final statutory deadline for submitting requests for verification of unpaid old foreign-currency savings based on the Act on the Method of Execution of the Judgement of the European Court of Human Rights in case no. 60642/08 (hereinafter: the Act) has expired on 31st December 2017.

 

By 30st September 2018 the Fund has already issued more than 36,200 decisions regarding the received verification requests, of which 19,110 decisions refer to the Zagreb Main Branch. The verification procedure for the Sarajevo Main Branch only started on 21st October 2016, when all the conditions set out in the Act were fulfilled, and during this period more than 17,090 decisions have been issued.

 

The Fund has issued 32,880 indicative calculations, in the total amount of €293,5 million, of which more than 18,670 indicative calculations, in the total amount of €163,6 million, refer to the Main Branch Zagreb, and more than 14,210 indicative calculations, in the total amount of  €129,9 million, refer to the Main Branch Sarajevo. The Fund has received less than 1% objections against all of the issued indicative calculations.

 

By 30st September 2018 more than 31,825 payments concerning final indicative calculations and decisions have been made, in the total amount of €284,6 million, of which 18,025 payments, in the total amount of €158,9 million, refer to the Zagreb Main Branch, and 13,800 payments, in the total amount of €125,7 million, refer to the Sarajevo Main Branch.

 

In order to ensure a faster completion of the verification procedure, the Fund kindly asks the beneficiaries or their heirs, who have sent their requests in time according to the Act, to swiftly reply to the Fund’s supplementary requests and to send the requested missing documentation as well as to continue to update the Fund in case their contact or other process relevant data has changed, and to check the accuracy of their bank account data or to check whether the bank account to which the funds will be wired, once they receive the indicative calculation, is still active.