Many OFWs have experienced having dormant bank account due to being away from home and the Philippines. Myself has experienced having my account being dormant, what is the procedure in reopening our dormant account? Here are the steps and the things you should do when you want to reactivate your bank account in the Philippines. #ksa #ofwako #saudiarabia #moneytalk #dormantbankaccount #dormantbank #philippines #dammam #pinoy #ofwchannel #aramco #banking | Globayani Kami
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A dormant bank account is a stagnant account which does not have any transactions for a certain period of time. In which the bank will impose charges monthly until your money is completely exhausted. In the Philippines, checking and current accounts become dormant when it has no transactions for one year, and a savings account become dormant when it has no transactions for two years. #ofw #dormantaccount #moneytips #investment #savings #ofwtips #modernheroes #filipino #pinoy #saudiarabia #ksa #d
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