Explain the difference between inactive account and dormant
account?
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Answer Posted / jacqui
In banking, an in-active account is one that has not shown
any activity over a certain period of time, other than the
posting of interest or service charges. This peroid
depending upon the type of account may be 3 or 6 months. A
dormant account is one that has been inactive for a longer
period usually 6 or 12 months.
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hi this is sharath,from hassan ,karnataka.,., i am caled for t interv on 28th may 2009, 12 noon, at foll location.,. STATE BANK OF MYSORE STAFF TRAINING CENTRE 104/105 7TH MAIN ROAD JAYALAKSHMIPURAM MYSORE-570012. anybody who is also attendin the same interview please reply me .,.,. i am in my final yr BE EnC,MCE hassan, i wold like to know more about the interview .,., please do reply.,.,. yours friendly, sharath kumar, sharath.syss@gmail.com
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