Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options

Content Options

View Options

Alternative versions

dormant account

    5251has the meaning given in section 10 of the Dormant Bank and Building Society Accounts Act 2008, which is in summary an account that at a particular point in time:

      1. (a) has been open throughout the period of 15 years ending at that time; and
      1. (b) during that period no transactions have been carried out in relation to the account by or on the instructions of the holder of the account.