A Deposit account that has not been used / idle / no financial withdrawals or deposits effected for 2 years.
Applies to Savings Accounts and Call Accounts domiciled in euro or foreign currency e.g. €200.00, GBP200, USD 200 etc.
Minimum Balance of accounts
Currently savings accounts must be opened with a minimum deposit of €200.00. This condition will now also include that each Savings Account must have an ongoing minimum book balance of €200.00. It also applies to Savings accounts domiciled in foreign currency e.g. GBP 200, USD 200. Does not apply to Young Savers Accounts, Basic Payment Accounts, BOV Club Accounts, e-Account and Portfolio Investment Accounts.
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