The Croatian Banking Association (HUB) on Wednesday called on bank clients who have not yet confirmed receipt of the registered mail containing the prescribed conversion calculation to contact their bank to obtain the documentation so that they can decide on the acceptance of the conversion within the prescribed timeframe.
“At the initiative of the banks participating in the forced conversion process of loans denominated in kuna with a currency clause in CHF and loans denominated in CHF, HUB calls on clients of the respective banks who have not yet confirmed receipt of the registered mail with the prescribed conversion calculation for any reason to contact their bank for the proper collection of the relevant documentation, so that they can decide on the acceptance of the conversion within the prescribed timeframe,” the statement said.
Banks draw attention to clients who have not yet properly confirmed receipt of the conversion calculation that, based on the applicable regulation, they are required to report to the Ministry of Finance by March 30 at the latest on the final results of the implementation of the conversion, including data on the number of consumers who accepted and the number of consumers who did not accept the conversion.
