ބޭންކް އޮފް މޯލްޑިވްސްގައި ހުޅުވައިފައިވާ، އެއްވެސް މުޢާމަލާތެއް ނުކުރައްވައި 5 އަހަރަށްވުރެ ގިނަދުވަސްވެފައިވާ އެކައުންޓްތަކާބެހޭ — Maldives law | Esheria

ބޭންކް އޮފް މޯލްޑިވްސްގައި ހުޅުވައިފައިވާ، އެއްވެސް މުޢާމަލާތެއް ނުކުރައްވައި 5 އަހަރަށްވުރެ ގިނަދުވަސްވެފައިވާ އެކައުންޓްތަކާބެހޭ

Banks must treat certain inactive accounts as dormant after five years, and if customers do not respond, the bank must publish the account holders’ names and later transfer unclaimed funds to the Maldives Monetary Authority.

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Jurisdiction
Maldives
Instrument
Act or statute
Version
Undated source snapshot
Language
dv
Official source
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Citation provenance: source:global:stored-legal-sources · schema StatuteEnrichmentPublicV1.

account closure dormant accounts fund transfer

Statute overview

About this statute

Banks must treat certain inactive accounts as dormant after five years, and if customers do not respond, the bank must publish the account holders’ names and later transfer unclaimed funds to the Maldives Monetary Authority. This provision text is a list of names and addresses, not a rule or requirement.