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When you allow your bank account to gather dust for a year, your bank will qualify it as inactive. However, if you still fail to carry out an activity on the account for an additional 12 months, your...
If there is no activity on your account for a year, your bank may render it dormant or inactive. If it remains that way for another year, it may be closed, and the funds in it will be remitted to the...
How Long Does It Take for a Bank Account to Close for Inactivity?
It’s possible to own several accounts and use only one or two to carry out transactions. If this habit continues, your bank may render your account dormant or inactive. If you still decide to...
It's possible to close a bank account anytime you want. To do you, you'll have to go to a bank branch and submit a written cancellation request. Alternatively, you can call the bank's customer...
No law stops you from ending your relationship with your bank. If your bank isn't serving you as it ought to, close it! But, if you plan on closing your bank, ensure you are closing it for the right...
International bank transfers allows individuals to transfer money from one country to another. However, to initiate the transfer you need to provide some information like the receiver’s full name,...