Changing salary banks, searching for favorable terms for lending and investing funds, using various financial products - these and other reasons lead to the fact that over time, many of us end up with several unclaimed accounts and deposits.
We don't keep money on them or use them, and therefore we often think that they will "disappear" on their own. But this is not true. Sometimes it is worth taking care of finding and closing all accounts and deposits in a timely manner. Including to avoid financial and legal problems. Let's talk about how to find out in which banks accounts are currently open, and when it is worth closing them in a timely manner.
Should I close unused accounts?
Yes, if you want to more effectively control the movement of funds northeast mobile number database and eliminate unnecessary risks. First of all, this applies to accounts with paid services and those that may have been compromised. Experts recommend terminating contracts for all unclaimed banking products.
Why? Here is an example of one of the reasons:
Let's say you decided to open a replenishable deposit. The bank offered to issue a card at the same time. The latter will be free to service as long as you have a deposit. But time passed, you withdrew money from the deposit and forgot about it. But you did not close the card, and forgot about paid service. The bank continued to charge a service fee and wrote off all the money you had.
Important: unused accounts and deposits in banks should be closed also to prevent intruders from gaining access to them. If you think that debit products are not in their sphere of interest, then you are mistaken. Some bank clients are surprised to discover that their long-forgotten accounts were used by strangers to conduct multimillion-dollar transactions for the purpose of illegal withdrawal of funds. But they find out about this only after claims from regulatory authorities.