The British Bankers' Association of 45 UK banks will also trace dormantaccounts for free.
2
These dormantaccounts are reported to the New York State Banking Department, as the law requires.
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The remaining €5 million will come from dormantaccounts funding.
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Swiss banks publish names of pre1945 dormantaccounts.
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The Swiss banks were forced to compensate Holocaust victims for dormantaccounts and lost assets 20 years ago.
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About £100 million of dormant prize bond money is not provided for under new legislation on dormantaccounts.
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A further list of Second World War dormantaccounts held by Swiss nationals is also due to be revealed.
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Now, they admit that many more dormantaccounts have been traced, and are promising a further list in October.
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The Opposition has accused the Government of creating a election slush fund out of money from the dormantaccounts fund.
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It's three years since regulators fined the South African mobile operator $5 billion for failing to cancel dormantaccounts.
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Disadvantaged communities are expected to be the biggest winners today in the latest round of grants from the dormantaccounts fund.
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In a written reply, he defined dormantaccounts as "any account with no customer-initiated transactions in the previous 15 years".
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A number of community-based programmes aimed at tackling alcohol-related harm among young people are to receive funding from the Government's dormantaccounts fund.
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Unclaimed life insurance funds could be worth an estimated €45 million, under new dormantaccounts legislation introduced in the Dáil yesterday.
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Minister of State for Community, Rural and Gaeltacht Affairs Noel Ahern has ruled out using dormantaccounts to help Irish communities living abroad.
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Some €24 million from dormantaccounts will be spent this year on projects aimed at alleviating social disadvantage, it was announced today.