What are the fees for a dormant account? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

What are the fees for a dormant account?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

A dormant account is an account that has been inactive for a period of time, as defined by the bank/regulations.

Steps

  1. Reactivation procedures and fees may vary.

  2. If your account has been unused for years, inquire about the fees and procedures for reactivation or closure before leaving it idle.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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