According to rules on the financial institution’s official FAQ page on its website, the bank will close accounts it ...

Bank of America has previously confirmed that it can and will close accounts if they are deemed inactive due to state ...

Bank of America is informing customers that their accounts may be closed if they haven’t been used for an extended period.

Bank of America, the second-largest bank in the United States, has been closing accounts deemed 'abandoned' due to a legal process known as escheatment. This process involves transferring unclaimed ...

Escheatment is the process by which a financial institution must report and remit any abandoned or unclaimed property for ...

On March 12, the Staff of the SEC issued interpretive guidance in a no-action letter (the No-Action Letter) agreeing with an interpretation of ...

Bank of America customers risk losing access to their funds as account closures expand under state laws, but there are ways to avoid it.

Write a Letter to the Assessing ... Opening bank accounts Applying for personal and home loans Filing income tax returns Making high-value transactions Investing in mutual funds and stocks If your PAN ...

"There's a lot of confusion around unclaimed assets," says Ricky Maldonado, Co-Founder at GovRecover. "Some people assume it's all a scam or not worth their time, but the reality is that these funds ...

Maura Healey’s proposal to reinstitute a long-dormant fee on prescription drugs. The Fiscal Alliance Foundation, a nonpartisan watchdog nonprofit, has found that Healey’s plan to impose a new ...

Android 16 Beta 3 is improving external display support for a more desktop-like experience. A new “Enable desktop experience features” setting in developer options could let you run desktop ...