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savings notice

Inactive Bank Accounts to Be Closed Faster in 2025 – Know the New Rules

May 9, 2025 by Aanchal
Inactive Bank Accounts to Be Closed Faster in 2025 – Know the New Rules

The Australian government is tightening regulations around bank account closure rules 2025, aiming to speed up the process of dealing with inactive accounts. Starting next year, banks will be required to close or report dormant accounts sooner than before, shifting how savings and unclaimed funds are managed across the country. The update is part of … Read more

Categories Australia Tags bank closure rules, dormant account, savings notice Leave a comment

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