Q I am trying to trace an old account of my father’s, who passed away over 15 years ago. I was wondering how long banks are required to keep account records? MPA The really simple answer here is: forever! Seriously, there is no statute of limitations for how long banks have to retain account monies. Accounts become dormant when banks have reason to believe the accountholder address they hold is no longer current – perhaps because they have had returned post or there has been no activity on the account. Continue reading…
Source : theguardian.com
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