To answer this question, I found a lot of information on the Internet, mainly referring to the "RMB Bank Settlement Account Management Measures" (People's Bank of China [2003] Order No. 5) and the Bank of China Management Measures for Long-term Fixed Accounts of Savings Deposits (Trial).

The People's Bank of China stipulates this for long-term unused accounts: To put it simply, the unit is notified to close the account. If the unit does not come to handle the matter, it will be regarded as a voluntary account cancellation, and the remaining funds will be placed in a special account that has not been withdrawn for a long time.

Regarding accounts that have not been withdrawn for a long time, some banks stipulate that they will not be managed as deposits, but will be treated as non-operating income (accounts payable) and no interest will be paid; some banks will manage them as deposits and calculate a certain amount of interest.

However, the above-mentioned documents do not clearly stipulate personal accounts.

At present, if a RMB settlement account is not used for a long time, it is generally called a long-term non-moving account by the bank's convention.

Bank of China's definition of long-term non-active accounts is generally accounts that have not had any business within two years.

If the time deposit is automatically renewed, two years will start counting after two automatic renewals.

If there is no automatic renewal, it is two years after the deposit matures.

Generally, the limit is two years.

Withdrawals from accounts that have not been held for a long time are very strict. Generally, you have to go to the original account bank for careful verification before you can withdraw money.

Of course, it’s okay if you go in person, but if you have passed away, you still need to bring the corresponding legal documents, and some embarrassing certification documents are unavoidable.

If the amount of money inside is very small and the balance is less than 10 yuan for two consecutive years, it will be directly converted into non-operating income of the bank with the authorization of the business manager.

If you really come to withdraw it in person, the relevant principal and interest will be paid from the income.

Of course, if the bank fails, it will be a disaster.

Bank of China regularly backs up the data of long-term non-located accounts, conducts change review and monthly reports on the dynamics of non-located accounts, and strictly supervises and manages them, mainly to prevent anyone from fraudulently withdrawing relevant accounts.

Then, there is no more.

It can be said that banks are still laissez-faire in their management of these long-term non-resident accounts.

If the account is not too small and has tens of thousands of dollars, then it will be kept there forever.

The funds are still placed there in the name of bank deposits.

Waiting for the bank to fail, according to the deposit insurance system, the beneficiary is entitled to compensation, but you know that you have this deposit and apply for it.

This may be the end result.

Seeing this question, many netizens probably thought that the bank had misappropriated the money, and they had some misunderstandings about the bank.

For banks, the bank generally does not know whether the depositor is dead, so no bank dares to embezzle customers' money casually.

Although everyone does not have a good impression of banks, banks are commercial banks after all and are subject to the joint supervision of the China Banking Regulatory Commission and the Central Bank. Therefore, many business processes are very standardized. For example, no one knows after the death of a depositor.

Banks generally have their own handling methods and procedures for deposits.

If the deceased's time deposit is set to automatically rollover upon maturity, if the money is not withdrawn on the maturity date, the deposit principal and interest will automatically be included in the next deposit period, and the deposit interest rate will be calculated automatically.

Calculated based on the bank's listed interest rate on the date of transfer.

If the deposit amount is relatively large, the deposit will be transferred repeatedly until someone comes to claim it.

Of course, if the deposit amount is relatively small and it is a second-category account or the account has SMS service fees, then the deposit balance may be deducted because the bank charges small account management fees, annual fees and SMS fees. After the balance is deducted,

, the account will be converted into a sleep card, and then it will be automatically logged out after a long time.

If the deceased's deposit is a demand deposit or a fixed-term deposit, there is no automatic transfer at maturity.

Needless to say, demand deposits needless to say, and if the fixed deposit is not set to automatically transfer upon maturity, the fixed deposit will also be converted into demand deposits after maturity.

If the deceased's bank current account has no transactions for a long time, such as three years, the bank will list the deceased's bank account as a dormant account. After it becomes a dormant account, the bank can include the balance on the bank card as non-operating income in the current period.

income.

Of course, although the bank lists this money as non-operating income, it does not mean that the bank has swallowed the customer's money. The bank only has the temporary right to use the money, not the ownership right. What if the relatives of the deceased one day find out about this money?

Then the heirs come to collect the money, and the bank will withdraw the money to the legal heirs of the deceased as non-operating expenses.

If the bank knows of the death of the depositor.

First of all, if there are relevant contacts who can be contacted after the death of the depositor, the bank will usually take the initiative to contact the family members of the depositor. The main notification methods include calling or mailing a letter to the deceased's previous address.

Of course, after some major natural disasters, if it is confirmed that the deceased has no heirs, the money will be turned over to the national treasury instead of to the bank.