Why is a dormant account undesirable?
The wise use of money is to avoid having a dormant account, as very little or no interest is earned if the balance in the dormant account is low. A small charge on dormant accounts will be levied by us because of the high costs to maintain them. There is less incentive for you to keep us up to date of personal information, and so notices or statements from us may be returned undelivered. As you may be less vigilant in monitoring transactions and reconciling statements, there is also a greater risk that the account may be tampered with.
