Small and medium-sized banks are gradually clearing "dormant accounts," which may become a regular mechanism.

MetaMuskRat · 2026-03-27T03:32:39+00:00

People's Financial News, March 27 — Since March, many small and medium-sized banks have been issuing notices intensively to systematically clean up inefficient accounts with no transactions for a long time, low balances, or mismatched identity information. At the same time, several institutions have explicitly stated that they will establish an annual regular cleanup mechanism to shift bank account management from one-time special rectification to long-term standardized control. (Securities Daily)

MetaMuskRat

2026-03-27 03:32:39

People’s Financial News, March 27 - Since March, several small and medium-sized banks have been intensively issuing announcements to focus on the centralized standardization and cleaning of inefficient accounts, such as those with long periods of inactivity, low balances, and mismatched identity information. At the same time, multiple institutions have clearly stated that they will establish an annual routine cleaning mechanism, shifting bank account management from temporary special rectification to long-term control. (Securities Daily)

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