Switzerland and Italy have said they will equally share €13.8m seized from the Camorra organised crime group based in southern Italy's Campania region.
Switzerland's Federal Department of Justice said the state of Ticino impounded the Camorra assets from an unspecified bank in Lugano.
This followed a legal request from an Italian court in 2001.
The Swiss department said in a statement today that the two nations had agreed the assets seized in their anti-mafia efforts should be split evenly.
The Ticino canton prosecutor and a Swiss federal court had approved the transfer of confiscated assets to Italy.
Italy's Justice Ministry, which had asked Switzerland to enforce the seizure, called it "the most important accord to date" on the sharing of money confiscated in Switzerland.
