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Whats a dormant account and how can I reactivate it?

April 26, 2017account dormant reactivate

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Whats a dormant account and how can I reactivate it?

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A dormant account is an account where you have not completed a withdrawal yourself during the last 6 months. Completing a branch withdrawal, transferring funds from the account, completing an ATM withdrawal or completing an EFTPOS transaction will reactivate the account. If the dormant account is an everyday options sub-account, to reactivate, transfer funds into the sub-account and then transfer funds out of the account again. This process will re-activate the account.