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Old Accounts

My partner had a savings account with a bank as a child. When he wished to withdraw this small amount of money as an adult he was told the interest had stopped because they had frozen the account after a certain number of years and to close the account he would have to give up his pass book. Is this correct?

Comments

  • gt94sss2
    gt94sss2 Posts: 6,368 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    No - if its an interest bearing account, than the bank should pay you interest on the money - even if the account has been marked as dormant.

    See point 5 here

    You can use the forms here to apply for your money back (including an online form)

    Regards
    Sunil
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