How next-of-kin can claim funds from dormant accounts – CBN

  • Beneficiaries, legal agents, or next of kin may now collect unclaimed money from dormant accounts
  • A management committee will oversee the accounts under the guidance of a special office
  • Account holders will visit banking establishments to complete a reclaim form, along with supporting evidencek

Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

Unclaimed amounts in inactive accounts may now be claimed by beneficiaries, legal agents, or next of kin, according to the Central Bank of Nigeria (CBN).