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CBN Moves To Mop up Dormant Accounts  into Trust Fund – Prompt News

By Tony Obiechina, Abuja The Central Bank of Nigeria has stated that banks transfer funds in accounts that have been dormant for at least 10 years into a trust fund account. This was contained in a recently released exposure draft of guidelines on the Management of Dormant Accounts, Unclaimed Balances and Other Financial Assets in

CBN to clear up dormant account balances, unclaimed funds

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