Is there any reason not to empty my bank account?

---

Pictures about "Is there any reason not to empty my bank account?"

---

What happens when you empty your bank account?

In a process what is called \u201cescheating\u201d an account, banks are required to turn over funds from the inactive account to the state treasury. Once the account is sent to the state, the funds are held as unclaimed property.

Will a bank account automatically close if it reaches zero balance?

Any Account with zero balance, regardless of status, may automatically be closed by the Bank without notice.

How long does a bank account have to be inactive to be deleted?

When an account has no transactions for 12 months, it is considered inactive. If there is no activity for 24 months, it is deemed dormant. Remember, system-generated activities like interest credits don't count. A \u201ctransaction\u201d is an activity initiated by the account holder like cashing a check.

---

Calvin Harris - Slide (Official Audio) ft. Frank Ocean, Migos

---