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Jun 2004 Journal

previous article:Letter from Israel

Central Office for Holocaust Claims

Austrian pension update

To avoid Austrian bank charges, recipients of a pension from Austria are advised to submit an application for the direct transfer of the pension to the United Kingdom. The specially designed forms must be completed with the applicant's UK account details, including the bank's BI code and IBA number - both of which are available over the counter in your local bank. Receiving a pension through this improved banking system will require a pensioner to complete a life certificate only once a year.

The one-page application forms are available through this office and the AJR Social Work Department and must be returned to the Pensionsversicherungsanstalt in Vienna.

Under the terms of the British Bankers' Association guidelines, British banks have agreed not to charge their customers commission charges on any Holocaust compensation payments.

German bank charges

It has come to the attention of this office that German restitution or compensation awards greater than €12,500 (approximately £8,000) can attract German bank fees that may amount to several hundred Euros. In instances where a restitution authority makes an award to a claimant's lawyer, who then transfers to the UK a sum in excess of €12,500, a commercial bank rate is applied.

Wherever possible, transfers should be made in units of less than €12,500, the limit at which European Union regulations for inner-German bank fees apply.

Further help

Written enquiries should be sent to Central Office for Holocaust Claims (UK), Jubilee House, Merrion Avenue, Stanmore, Middx HA7 4RL, by fax to 020 8385 3075, or by email to michael@ajr.org.uk. Assistance can be provided strictly by appointment at the Holocaust Survivors Centre in Hendon, north London. For an appointment, please ring 020 8385 3074.

previous article:Letter from Israel