Where a child’s savings account has not been used for a certain period of time, usually 36 months, sometimes as a security measure, the account is made ‘Dormant’. The child, parent/guardian or third party can reopen it with photo ID.
Where a child’s savings account has not been used for a certain period of time, usually 36 months, sometimes as a security measure, the account is made ‘Dormant’. The child, parent/guardian or third party can reopen it with photo ID.