Learn what dormancy fees are, their impact on bank, gift, and prepaid cards, and how to avoid them. Understand essential ...
Many of us have more than one bank account. One for salary, one for savings, and an old student account that is just lying around. Often, we forget to use these old accounts. Then one day, when we ...
Did our AI summary help? Most dormant accounts aren’t discovered because someone went looking for them. They surface when a debit card fails, a transfer bounces, or the banking app quietly tells you ...
The CBN‘s new guidelines focus on two primary categories: dormant accounts and unclaimed balances. While often used interchangeably, these terms represent distinct financial scenarios. A dormant ...
Have you left an old bank account unused for years and now discovered money stuck in it? Don’t worry — withdrawing funds from an inactive or dormant bank account is now simpler than ever. The Reserve ...