...
| Question | Outcome |
|---|---|
What happens to accounts which have -ve balance (overdraft) but fit the definition of inactive/dormant/escheat? | |
| Overall there will be 3 new status for an account, inactive/dormant/escheated, please confirm. | |
| Fee applicable would be flat or can be % as well? | |
| Abandoned property account would be an expense or liability type account? | |
| Fee collected would get into what type of account? | |
| Is deposit/withdrawal/fund transfers allowed when account is in inactive status? | |
| Is deposit/withdrawal/fund transfers allowed when account is in dormant status? |