dormant account

Unused banking relationship

A dormant account is a bank account, online profile, or other registered account that has seen no activity for an extended period.

Banks may freeze dormant accounts or charge maintenance fees; after years of inactivity, funds may escheat to the state.

The bank sent a notice that my savings account would be classified as dormant.

Related

dead money · balance · bank · fees · fine print · abandoned · unclaimed · state treasury · lost and found · reactivate · password · login · neglected · forgotten · gathering dust · dust · cobwebs · stagnant

Opposites
account activity level

dormant accountcurrent account

Bank account for regular transactions

Family

dormant, account, dorm, dormancy, dormantly, dormitory, dormitories, accounts, accounting

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Used worldwide · Timeless · Rated G