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 ...
Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Basic financial literacy advises against letting multiple ...
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Dormant Bank Accounts: What Happens If Your Account Remains Inactive for 2 Years, and Is Your Money Safe?
Many people today maintain multiple bank accounts, but often some of them remain unused for years. According to Reserve Bank of India (RBI) guidelines, if there is no transaction in your account for a ...
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