Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...
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 ...
Depositors can now easily find forgotten money in dormant bank accounts. The Reserve Bank of India has launched the UDGAM ...
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Money is quietly draining from old bank accounts—ignoring them can land you in big trouble: Here's what you should do
Having multiple bank accounts has become common today—one for salary, another for online payments, and sometimes an old ...
The Central Bank of Nigeria (CBN) has directed banks to transfer balances in their dormant accounts to the Unclaimed Balances Trust Fund (UBTF), domiciled in the apex bank, and that should yield ...
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